IIT placement drive: Despite the volatile economic condition this hiring season, a record number of offers were made during the first day

Not just fresh recruitment, confirmation of existing job offers are also uncertain. IIT Madras, Kanpur, Delhi, Roorkee, Guwahati and Bombay have confirmed that so far only Gartner has completely revoked all job offers

IIT Kharagpur placements: More than 215 companies participated in the hiring process that saw contribution of firms from across sectors like software, analytics, consulting, core engineering, and banking and finance

From the 998 offers, including that of 167 pre-placement, there were 34 international offers from 17 companies

IIT placements: Around six students have bagged an annual salary of Rs 1 crore at IIT Kharagpur, while 57 students have received offers of over Rs 30 lakh per annum each

Kotak Mahindra, Axis Bank hiring: Axis Bank said that it would hire more than 2,300 fresh graduates. Out of that, 2,000 would be for entry-level roles

IIT Hyderabad saw 53 offers by 15 companies. The institute also received six international offers from companies TSMC, SMS DataTech and NTT-AT

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At IIT Bombay, the highest offers apart from Microsoft included those of Amsterdam-based proprietary trading firm Optiver and Uber's Rs 1.02 crore

IIT Madras Placement Season: There was a marked increase from 85 job offers during session 1 of last year at IIT-Madras

The proposal came during the IIT Council meeting held on Friday. The proposal said contribution of 1 per cent by ex-IITians for their alma mater would enhance revenue and boost growth and development of the 23 IITs

IIT Kharagpur has received over 250 offers since Saturday. This is not including the 256 pre-placement offers (PPOs).

With the battle for this red-hot pie intensifying, the biggies in the business are upping the ante on recruitment - aggressively vying for the best and brightest at India's top campuses.

Microsoft (US) has reportedly emerged as the highest paying firm this year, offering students a package of around Rs 1.4 crore, inclusive of bonuses and stock options, for profiles in their Redmond headquarters.

Even IIT-Bombay, which last year saw the worst Day 1 figures in 5 years, is optimistic for this placement season. IIT Roorkee, meanwhile, reportedly crossed the landmark figure of 400 job offer within just two days.

As many 65 start up companies participated in the first phase of placement at the institute. Last year, there was none.

Online home furnishing firm Urban Ladder recruited the highest number of 16 candidates followed by home grown automaker Tata Motors with seven.

Samsung Research and Development Institute, Bangalore, employed eight, while Visa Inc, Microsoft employed seven each.

The mood is cautious, but hiring has not been markedly affected yet by the slowdown, shows an Aon Hewitt report. Examining hiring trends at 173 companies, the study found that around 70 per cent of them had not revised their hiring intent for 2013 in any manner.