Domenica, 04 Dicembre, 2016

29 firms line up for IIT-B placements

More PSUs to visit IITs for placement Hike in IIT fees for foreign students
Rufina Vignone | 02 Dicembre, 2016, 13:08

Global information technology company Intel made 29 offers to students of IIT Madras on the first day of campus recruitment that began on Thursday. Following the debacle, in August, the AIPC blacklisted several companies from placements this year. While ONGC will be conducting interviews on day one, the Indian Space Research Organisation (ISRO), which was part of the second phase of placements at IIT-B past year, will be conducting interviews on the second day. The first phase of the placements will end on December 13.

Kaustubha Mohanty, convenor of All-IIT Placement Committee (AIPC) and the placement in-charge for IIT Guwahati, said the number of companies visiting on Day 1 had increased but there had been no corresponding change in the number of offers. Almost 25 companies had come to the college. However, more students (61) as compared to last year (33) had deferred placements this year.

Debashis Deb, placement chairperson at IIT-Kharagpur, said that Coal India recruited 31 students previous year.

As of Thursday, 308 companies had registered for the initial placements. The numbers were expected to see a minor slump from past year, said student placement coordinator Shovan Panigrahi. It also banned them from participating in the recruitment process. "All of them have confirmed their participation in the placement drive", Professor Manu Santhanam said.

A press release from the institute said that many Public Sector Units (PSU), universities and colleges have approached the institute.

"Already three companies have recruited our students". At IIT-Kharagpur, 63 offers were made by 25 companies, said sources.

Nearly all key IITs across the country have got a reason to rejoice as the number of public sector undertakings (PSUs) queuing up to conduct placement camps has gone up significantly, The Economic Times reported. "We expect some more in the next semester", he added. Viswanathan said that most of the 70 start-ups registered for placements had booked dates in the first phase itself. When asked about the interest of academic institutes to recruit the IIT students he said, "Academic institutes would come all over the year to recruit the students and not specifically during this placement season".

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