Two IIT-K students grab Rs 1.20 crore salary package

Two students of Indian Institute of Technology Kanpur got Rs. 1.20 crore package during the ongoing placement drive.

The drive was started on Sunday and it would continue till 22 December, the IIT sources said.

Two students have got the highest package of Rs. 1.20 crore per annum from IT giant Oracle. While 76 others got a package between Rs. 8 lakh to 24 lakhs per annum from different companies, they added.

Around 50 companies have already participated in the placement process, IIT Kanpur placement cell chairman Vimal Kumar said, adding that 200 more companies are expected to come. Kumar, however, refused to provide details of the salary packages being offered to students.

The big companies including Google, Oracle, Mitsubishi, Amazon, Citi Bank and Microsoft have conducted interviews and given offer letters to around 76 students on Monday.

A total of 180 students have got their offer letters till Tuesday. Around 1,100 BTech, MTech, MBA and MSc students have registered in the placement cell for jobs, IIT Kanpur sources said.
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