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Trading firms & global investment managers make lucrative crore-plus offers to onboard top tech talent at IITs

The top offer breached the Rs 2 crore mark at the time of filing this report. US software company Databricks made an offer of about Rs 2.05 crore at IIT Roorkee for an international role. Bulk of the compensation will comprise restricted stock units, said a placement official.
Uttar Pradesh West Bengal United States Tamil Nadu Graviton Research Capital Bajaj Auto

Day 1 of placements: Databricks offers ₹2cr+ to IIT-Roorkee student

Amid concerns over the global economic slowdowns impact on placements this year, arguably one of the most challenging yet, students on Day 1 bagged salaries ranging from โ‚น15 lakh to above โ‚น2 crore. Indus Insights recruited students for data science roles at a package of โ‚น18 lakh.
Tamil Nadu Uttar Pradesh United States West Bengal Goldman Sachs Indian School Of Business

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Students tense as old IITs start final placements

The Class of 2024 at the Indian Institutes of Technology (IITs) is anticipating a challenging placement season as the older IITs commence final campus placements amid a tech slowdown. While some students secured crore-plus offers, concerns linger about ensuring maximum placements in the current market scenario. Pre-placement offers (PPOs) from high-frequency trading firms have provided some relief.
Tamil Nadu Uttar Pradesh West Bengal Lalit Pandey Graviton Research Capital Offering College

Pre-placement job offers at the IITs bring relief

PPOs translate into jobs in hand for the students who have accepted them, even before final placements begin on December 1 at the old IITs. For campus placement teams, it means fewer students to place in a year when many companies have slashed hiring numbers, and some are skipping placements altogether.
United States Uttar Pradesh Sushantk Shrivastava Lalit Mohan Pandey Offering College Texas Instruments

Class of 2024 at IITs sees silver lining in speed-trading firms

Firms including Quantbox Research, NK Securities Research, Da Vinci and Graviton Research Capital, which operate in the high-stakes world of algorithmic trading, will be signing on fresh IIT talent during the final placements at packages ranging anywhere from Rs 1 crore to Rs 3 crore, some of these firms told ET. Some have also made pre-placement offers.
United States City Of United Kingdom Uttar Pradesh Tamil Nadu West Bengal

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