IIT Bombay campus placements: 85 students secure packages of Rs 1 cr each
Mumbai, Jan 4: Eighty-five students of the prestigious Indian Institute of Technology Bombay secured Rs 1 crore package in campus placements, while 63 have received international offers.
The institute said some of the top recruiters who have visited the campus this season are Accenture, Airbus, Air India, Apple, Arthur D. Little, Bajaj, Barclays, Cohesity, Da Vinci, DHL, Fullerton, Future First, GE-ITC, Global Energy and Environ and Google.
Firms also include Honda R&D, ICICI-Lombard, ideaForge, IMC Trading, Intel, Jaguar Land Rover, JP Morgan Chase, JSW, Kotak Securities, Marsh McLennan, Mahindra Group, Micron, Microsoft, Morgan Stanley, Mercedes-Benz, L&T, NK Securities, OLA, P&G, Qualcomm, Reliance group, Samsung, Schlumberger, Strand Life Sciences, Tata group, Texas Instruments, TSMC, TVS Group and Wells Fargo, it said.
The sectors having highest number of offers rolled out are Engineering & Technology, IT / Software, Finance / Banking / Fintech, Management Consulting, Data Science and Analytics, Research and Development and Design.
"International offers with locations in Japan, Taiwan, South Korea, Netherlands, Singapore and Hong Kong were 63. Accepted job offers with CTC greater than Rs 1 crore per annum were 85," the institute said.
The phase-I of placement season 2023-24 at IIT Bombay ended with 388 domestic and international organisations participating, with the number including companies making pre-placement offers (PPOs) as well as participating public sector units (PSUs).
IIT Bombay slots companies in a way to ensure firms are maximally spread out to reduce stress on students and also minimize cross offers, it pointed out.
Firms have interacted with candidates in-person or through virtual meeting platforms, with all the students appearing for the interviews from the venue itself.
It said 1,340 offers had been made till December 20 2023, which resulted in 1,188 students getting placed.
This includes the seven students placed in PSUs as well as 297 PPOs via internships, of which 258 were accepted, the IITB said.
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IAF to hold 2-day wargame along frontier with Pakistan: NOTAM issued
New Delhi, May 6 (PTI): The Indian Air Force will carry out a two-day mega military exercise along the border with Pakistan from Wednesday that will involve all the frontline fighter jets including Rafale, Su-30 and Jaguar aircraft, sources in the defence establishment said on Tuesday.
The exercise is taking place amid heightened tensions between India and Pakistan over the April 22 Pahalgam terror attack that killed 26 people.
India's civil aviation authorities have already issued a Notice to Airmen (NOTAM) for the major air exercise that will largely take place along the southern and western section of the Indo-Pakistan border.
India's frontline fighter jets including the Rafale, Su-30 MKI, MiG-29, Mirage-2000, Tejas and AWACS (Airborne Warning and Control System) aircraft are set to feature in the exercise, the sources said.
In the course of the exercise, the IAF will simulate enemy targets on ground and in the air with deadly precision, they said.
The militaries of both India and Pakistan are on a high alert following rising tensions between the two nations.
Soon after the Pahalgam terror attack, India, citing "cross-border linkages" to the strike, promised severe punishment to those involved in it.
In a high-level meeting with the top defence brass on April 29, Prime Minister Narendra Modi said the armed forces have "complete operational freedom" to decide on the mode, targets and timing of India's response to the terror attack.
Air Chief Marshal A P Singh met Prime Minister Modi on Sunday and the Chief of Air Staff briefed him about the IAF's operational readiness.
On Saturday, Navy Chief Admiral Dinesh K Tripathi apprised the prime minister on the overall situation in the critical sea lanes in the Arabian Sea.
