 "IIT, indian institute of technology")
With the premier Indian Institutes of Technology (IITs) kicking off their final placements on December 1, information technology (IT) bellwether Microsoft may match its previous highest annual package of over $164,000 (or roughly Rs 1.20 crore) it extended last year.
"Microsoft is likely to match its previous highest offer, even as most recruiters, especially IT firms, have been asked to at least match their last year's offers," said a placement committee member at one of the older IITs.
During the previous 2019-20 placements, Microsoft had made the highest offer of $164,000. This included a one-time bonus as part of the
