The Indian Institutes of Technology's (IITs) first day of placement witnessed great packages being offered to the students, with Microsoft offering a whooping Rs 1.39 crore to students on IIT Roorkee, Bombay, Madras and Guwahati campuses. According to placement officers, the tech giant made offers worth Rs 15 lakh per annum and visited Madras and Guwahati campuses. Investment banking firm Blackstone, which had made the highest offer for domestic positions at Rs 35 lakh, upped its offer to around Rs 44 lakh. The highest packages offered for domestic positions varied between Rs 35 lakh (at Guwahati) and Rs 45 lakh (at Bombay). "We hope this momentum continues into the next session and in the days to come," said Manu Santhanam, advisor, training and placement at IIT Madras.

Source: India Today December 02, 2017 07:41 UTC