IIT campus placement: Rs 1.39 crore offered by Microsoft on day 1, Apple offers Rs 15 lakh

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.

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. While it offered to hire three from Roorkee, two off-shore offers and eight domestic ones were made at Guwahati.

As per Indian Express report, IT giant Microsoft, which came to shop for talent on several IIT campuses, has made offers for offshore positions and pay packages of around USD 215,000, which roughly converts to Rs 1.39 crore per annum. IIT Bombay and Madras refused to divulge details.

Apple makes its debut 

For the first time, Apple offered domestic positions to the students. According to placement officers, the tech giant made offers worth Rs 15 lakh per annum and visited Madras and Guwahati campuses. Nasdaq also recruited students from the Madras campus for the first time.

Source: indiatoday