IIT placements: IT, e-comm firms to raise the bar in recruitment, packages

Last year, placements had seen Oracle and Microsoft make highest offers of $136,000 (or Rs 93 lakh at then rates) and $135,000 (Rs 92 lakh)

From Apple, Microsoft, Qualcomm and Yahoo! to Amazon, Flipkart and the like, information technology (IT) and e-commerce majors are set to raise the bar in recruitment and compensation packages this year in final placements at the Indian Institutes of Technology (IITs).

Most of the IITs are set to commence their final placement process on Friday, December 1, with several major recruiters making almost croreplus annual salaries and international offers. While Apple will be recruiting for the first time from Indian campuses, including IITs, the like of Microsoft, Amazon, Yahoo!, Goldman Sachs and Nasdaq will also be making their presence felt.

Last year,