The placement season at the elite Indian Institutes of Technology (IITs) started on a robust note Thursday with some students bagging Rs 1 crore plus offers on day one.

Nearly a dozen students from the older IITs at Kanpur, Delhi, Mumbai, Roorkee, Guwahati, Kharagpur and Madras bagged annual salary offers of Rs. 90 lakh-1.15 crore on the first day of the two-week long recruitment drive.

Among those who have got eight-digit packages are one from IIT-Roorkee and two from IIT-Guwahati. While Microsoft India has offered such packages both at IIT Roorkee and Guwahati, Oracle India has offered this package at Guwahati.

To be sure, these packages include base pay and allied company benefits, said N.P. Padhy, professor in charge of placements at IIT-Roorkee.

Companies or organisations which visited the IIT campuses on day one include software giants Microsoft India and Oracle India, financial services companies like Goldman Sachs and Credit Suisse, cab aggregator Uber India, e-commerce major Amazon, Indian Space Research Organisation (Isro) and ONGC Ltd.

Besides, Samsung Electronics India, IBM Research India, Texas Instruments, Boston Consulting Group, Dalberg Global Development Advisers, Nutanix Technologies, Auctus Advisors, Xerox Research Centre, VISA Inc., ITC Ltd also visited these campuses.

In each of the campuses, 45-60 students were offered jobs till Thursday evening.

Source: Livemint