Campus Placement

IIT Kanpur secures over 1,000 offers in first week of placement process

This comes after the legacy IIT revealed that it had recorded 579 offers on the first day of placements through a combination of campus placements and PPOs

IIM Calcutta's MBA programme secures 100% placements in summer internships

The average monthly stipend stood at Rs 1.89 lakh, while the median was Rs 2 lakh per month, which IIM Calcutta said was a new institute record

IIT Bombay placements: Avg package hits Rs 23.5L, 22 offers exceed Rs 1 cr

A total of 430 students were placed in 106 core engineering companies, primarily in entry-level roles. This IIT Bombay placement season recorded a 12% increase in the number of recruiting companies

Infosys initiates formalities for onboarding graduates from 2022-batch

IT company Infosys has initiated the formalities for onboarding engineering graduates from the 2022 batch, and many of them have been intimated about the joining dates and other terms of offer, sources said. While IT union Nascent Information Technology Employees Senate (NITES) claimed that the company has already issued letters to over 1,000 campus hires, there is no official statement from Infosys on the issue yet. An email sent to Infosys did not elicit a response. Sources said that Infosys has indeed reached out to campus hires from the 2022 batch and formalities are going on. The onboarding will start from September-end or October, the sources added. Infosys CEO Salil Parekh had recently assured that offers given to freshers will be honoured by the company and followed by joining, although there have been some changes in dates. In a recent interview, Parekh told PTI: "Every offer that we have given, that offer will be (for) someone who will join the company. We changed some d

IT company TCS eyes 'Prime' campus talents with Rs 9-11 L offers

The need to secure such top talent is also driven by the fast-paced technological changes shaping the sector

Significance and implications of the ongoing placement blues at IITs

With the rise of the 'unplaced', getting into an IIT no longer guarantees a good career. What is the way out?

TCS headcount declines for first time in 19 years; hits campus route

Total employee base now remains at 601,546

40% campus hires in 2023 were women; IT attracts highest participation

HirePro report reveals 5% surge in female participation in campus hiring, with south India leading the trend

NBCC bags Rs 560 cr contract to construct permanent campus of NIT, Sikkim

State-owned NBCC on Tuesday said it has bagged a contract worth Rs 560 crore to construct a permanent campus of the National Institute of Technology, Sikkim. In a regulatory filing, NBCC informed that it has bagged a contract for the construction of the permanent campus of NIT Sikkim at Dung dung Khamdong, Gangtok, Sikkim. The size of the contract is Rs 560 crore. NBCC is mainly into project management consultancy (PMC) and real estate.

Persistent Systems aims to expand margins, to hire fewer freshers

Mid-tier IT services company Persistent Systems aims to visit fewer campuses for hiring freshers, a senior official said on Monday. Over the next three years, the company is also targeting to expand its operating profit margin by about 3 percentage points above the levels of about 14.5-15 per cent it aims to exit FY23, its chief financial officer Sunil Sapre told PTI. Speaking two days after the Pune-based company announced its December quarter earnings, Sapre said it is already carrying candidates who have been trained for 18 months in some cases and are yet to be deployed on projects, which is making it circumspect about fresher hiring in the new year. "We will be there at campuses, but we will do it (hire) more judiciously," Sapre said. When asked if he meant that the company will visit fewer campuses when he says judiciously, Sapre replied in the affirmative. He said that for the company, which added about 500 people to take its overall strength to 23,336, all the hiring is do

IIM Calcutta summer placement draws 513 offers, calls it a 'feat'

Average monthly stipend is of Rs 1.65 lakh despite challenging market conditions, says institute

Not going to campus for recruitment at the moment, says Infosys CFO

Infosys, which hired over 50,000 freshers last year, is not going to campus for recruitment for the time being, Chief Financial Officer Nilanjan Roy said, adding that the IT major will honour offers that have been made. On the return-to-office approach, Infosys CEO Salil Parekh said the number of employees coming back to workspace is on the rise but asserted, in the same breath, that the company intends to maintain flexibility in its approach. Infosys' position on return to work is in variance to that of larger rival TCS, which has asked its 6.14 lakh-plus employees to work from offices, ending the practice of remote working that was necessitated by the pandemic. During the Q2 briefing, Infosys CFO Nilanjan Roy said the Bengaluru-headquartered company has a significant fresher bench and headroom for increasing utilisation, and hence it "is not going to campuses as yet". "Last year, we hired 50,000 freshers and hired ahead of demand...we still have a significant fresher bench... we

Focused on cutting costs, Byju's to skip campus placements this year

Even if Byju's were to visit their campuses, it is unlikely that students would be keen to sit for their placements, an official aware of the matter said

Rajasthan government to start campus placement in 100 colleges soon

The chief minister, who also holds the finance portfolio, had announced in the state Budget 2023-24 the start of campus placement in government colleges

Campuses turn to core engineering, manufacturing amid IT hiring slump

Inviting more firms for placements, tap into stronger, better-performing sectors

IIM Calcutta concludes campus placements with 573 offers for entire batch

Average yearly compensation Rs 35.07 lakh, median at Rs 33.67 lakh; top 25 percentile receive average yearly pay of Rs 50.86 lakh

IITs likely to see less placement offers this year amid tech slump: Report

The impact on IITs is likely to be less severe than in other engineering colleges as the companies will continue to hire good talent and 'maintain a relationship with these premier tech colleges'

IIT Madras funding, revenue up Rs 1,000 crore for first time in FY

Premier engineering college clocks highest number of job offers received during campus placements in academic year

Finance, consulting firm jobs make up for the loss in IT sector placements

However, IT companies have also been strategic in the extent of hiring cuts that have varied from campus to campus

Colleges optimistic of bumper recruitment on rise in pre-placement offers

Mid-rung engineering, management colleges see double-digit growth in offers, and a big rise in average pay packages