International offers, packages to go up as IITs begin placements on Sunday

Come Sunday, December 1, more international offers with salaries over Rs 1 crore are set to mark the beginning of final placement process at the top Indian Institutes of Technology (IITs). 

Moving away from an apprehension of slowdown bringing down job offers, IITs are now bullish of more offers and higher packages as they inch closer to Day One of the placement processes. Microsoft, which had emerged the top recruiter last year offering a $215,100 (Rs 1.5 crore roughly) package, is expected to make a similar or a slightly higher package to IIT students on Sunday. 

What's more, Japanese companies