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Uber, Mastercard and P&G are new entrants to IIT-B placements

While the list of companies for the first two days of the placements, when most of the coveted offers are made, is similar to the last year’s there are some notable additions

Updated on: Nov 30, 2016, 00:44:51 IST
Hindustan Times | By , Mumbai
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The first phase of placements at Indian Institute of Technology-Bombay (IIT-B) will be headlined by financial services firm Visa and IT giants Microsoft and Google, which are all scheduled to conduct interviews and make offers on Thursday - the first day of the placements.

App-based cab aggregator Uber, fast moving consumer goods (FMCG) company Procter and Gamble, both of which are slated for day 1 of campus placements. (AFP photo)
App-based cab aggregator Uber, fast moving consumer goods (FMCG) company Procter and Gamble, both of which are slated for day 1 of campus placements. (AFP photo)

While the list of companies for the first two days of the placements, when most of the coveted offers are made, is similar to the last year’s there are some notable additions such as app-based aggregator Uber, fast moving consumer goods (FMCG) company Procter and Gamble, both of which are slated for day 1, and financial services firm Mastercard.

Public sector companies Oil and Natural Gas Corporation (ONGC), which will vist the premier institute for the first time, and Indian Space Research Organisation (ISRO) will also hire students on the first and second day, respectively.

Online retail company Flipkart, which had made seven offers on the second day of placements last year, is absent from the list of companies scheduled for placements on first two days this year.

Last year, Visa had offered the highest base salary of $115,000, while Google, Microsoft and Oracle, reportedly, offered around $100,000 as base salaries to a few students who were selected for US profiles. According to placement coordinators, 2-3 companies may offer US profiles this year, although they refused to divulge their names.

“Usually, the Japansee companies offer the highest number of foreign profiles,” said a placement coordinator.

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    Faisal Malik

    Faisal Malik is a senior journalist with over two and a half decades of experience covering Maharashtra’s politics, governance and public policy with a deep understanding of the state’s political landscape. He is a Senior Assistant Editor at Hindustan Times and has been associated with its Mumbai edition for more than a decade. Based in Mumbai, Faisal currently covers three major political parties in Maharashtra — Congress, Nationalist Congress Party (NCP) and NCP (Sharad Pawar). Over the years, he has extensively reported on major political developments, combining investigative insights with in-depth field reporting. His coverage has spanned a wide range of issues, from drought, farmer suicides, major development projects and grassroots challenges to major electoral battles, including three Lok Sabha and Maharashtra Assembly elections — 2014, 2019 and 2024. Before joining Hindustan Times, he worked with ‘The Asian Age’ and ‘Dainik Bhaskar’. An avid tea enthusiast, he enjoys reading history, Urdu literature and classical poetry. When away from the newsroom, he writes Urdu poetry inspired by human emotions, life's experiences, meaningful reflections and relationships. An amateur photographer, Faisal is passionate about capturing moments that often go unnoticed by the naked eye.Read More