New entrants like a hedge fund and a private equity firm are making waves at the ongoing placements at Indian Institute of Management Calcutta (IIMC). | |
| A private equity major, General Atlantic Partners (GAP) and a hedge fund, Credit Capital Research Technologies (CCRT), besides Merill Lynch, came in for the first time, an IIMC release said. |
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| Wall Street heavyweights like Lehman Bros and London City denizens like Barclays Capital and HSBC picked up students. Indian and foreign banks and financial institutions tended to dominate proceedings, with manufacturers like Hindustan Levers and Procter & Gamble emerging as old economy recruiters. |
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| IIMC said the total number of offers made were 117 out of which 89 students accepted the offers made. PricewaterhouseCoopers (PwC) made 11 offers while nine students joined ICICI Bank against 19 offers. |
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| HLL had eight offers followed by Cognizant Technology with seven offers and Citibank with six. Procter and Gamble made four offers with three acceptances. Tata Administrative Services picked three students, as did Ocwen Financials, Roulac, American Express and Deustche Bank India. |
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| CCRT finally picked up two students' as did JP Morgan Chase India. GAP made two offers.IIMC said the second placement slot was now on with recruiters like Sapient, IBM, Coca Cola, Nokia, Crisil and Dabur in the fray. |
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