IITs’ shrinking crorepati club

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The number of IITians bagging compensation packages of 10 million rupees and above have shrunk by half – the smallest size in three years. The prime reason behind this is a sharp decline in offers from US firms and big companies staying away from campus recruitment. The number of students bagging above 10 million rupee packages has gone down to 15 this year from 27 last year. The companies have said that their international requirements have gone down because of the current economic uncertainty. See the ET image below for more details:

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