Monday, 8 December 2014

Now two IIT-Delhi students get Rs.1.4-cr job offers...........

Breaking into the big league, two computer science students from IIT-Delhi have been offered a package of Rs.1.42 crore by Facebook, which earlier offered the same package to three students at IIT-Mumbai.

But the placement drive at the premier institute was not just about getting fat packages, as some of the students chose to reject high paying international jobs to instead work in the country.

"Around 4-5 students rejected international offers, including those with over $125,000 per annum (approximately Rs.77 lakh) as base pay, and opting to accept offers from either the company's counterparts in India or other firms with domestic offers on campus," said a source from IIT-Delhi.
In the first week of the placement drive, IIT-D students received around 600 offers. The institute registered a 30 per cent jump in the total number of offers by companies on campus as compared to last year.

"The number of job profiles that visited the campus in the first week saw a surge of 20 per cent. The total number of offers, including preplacement offers, crossed 600 this year. Nearly 50 per By Rajat Rai in Lucknow THE son of a UP minister and his five accomplices went berserk before firing indiscriminately in the air during a marriage function on Saturday night at Jaunpur in Uttar Pradesh. A 16-year-old boy, Deepak Yadav, was injured in the incident.

The incident took place in Meerganj village of Baksha police circle in Jaunpur district where Lucky Yadav, son of a state cabinet minister Parasnath Yadav and his accomplices, were present. According to reports, during a marriage function at Mirganj village under Baksha police station, Lucky Yadav and his friend created a commotion. "While an orchestra party was performing, Lucky climbed up the stage and started dancing. When orchestra artistes raised objection to it, he allegedly thrashed them. When villagers tried to intervene, Lucky and his aides pulled out weapons and began indiscriminate firing in the air," Radheyshaym, a villager said.

Unfortunately, Deepak was also around and before he could register what was going on, a bullet pierced his right ankle, a report said. cent of the batch got placed during this period," said IITDelhi Registrar Rakesh Kumar. "The highest offer of $230,000 (Rs.1.42 crore) per annum was made to two computer science students by Facebook. A number of technology companies showed up in the first week, rolling out high packages of over $100,000 per annum as base pay for international positions," said a source.

Apart from established multinationals like Facebook, Google and Microsoft, many startups like Flipkart, Olacabs, Snapdeal, Zostel, VMock, etc., that hired students in huge numbers. "Close to 30 per cent of the total offers made were from startup companies," said a source.
The placement drive will continue for another week.