US IT firm offers Rs 1.5 crore package at IIT placements

Campus placement at IITs saw a big jump in packages. Companies offered fat salaries to the people they have selected. Domestic packages offered at some of the premier IITs have gone up several notches this year. A package of Rs 80 lakh has been offered by more than one firm on some campuses — a jump from last year’s highest of Rs 62 lakh. Among the international firms, California-based IT giant Cohesity has offered the highest package of $200,000 (close to Rs 1.5 crore). However, trading firm Optiver, with a competitive package of 157,000 euros (nearly Rs 1.4 crore), has picked more students for its Amsterdam and Sydney profiles. Interviews were conducted virtually this year.