JOLLY GOOD JOBS: NIT, Adityapur

The Sensex may go up or down, but placement records of Adityapur-based National Institute of Technology (NIT) are only going up, up and up.

Software major IBM cherry-picked as many as 35 students of the tech cradle on Saturday.

While an MTech student was hired at the annual package of Rs 3.75 lakh, 32 BTech and two MCA candidates were promised Rs 3.40 lakh a year.

With Saturday’s drive, IBM emerged as the second highest recruiter in the ongoing placement season after Tata Consultancy Services (TCS). TCS creamed off 111 techies from the prestigious cradle earlier this month.

Spokesperson of the cradle and professor-in-charge of training and placements Rajiv Bhushan said that this year’s numbers were an improvement as IBM had recruited 29 students last year.

“Keeping in the mind the prevailing economic slump, campus recruitment at our institute has been impressive so far. Over 300 students have already been recruited and we are optimistic the numbers will rise,” Bhushan told The Telegraph.

Bhushan applauded the contribution of NIT’s new director Rambabu Kodali in the success of the drive.

Director Rambabu Kodali expressed hopes for 100 percent recruitment from the batch, which comprises 700 students, this year. “The placements in the initial stages have been very impressive,” he added.

Last week, Samsung Research Institute recruited two BTech students of computer science stream, thus recruiting 29 students in all. The lucky techies, comprising 28 BTech and one MCA student, were offered an impressive package of nearly Rs 8 lakh per annum.

Two other companies, which visited the campus last week were Verizon and Tinplate Company of India Limited. While the former offered jobs to five electronics engineering students with an annual package of Rs 5.5 lakh, Tinplate picked a student of metallurgy, offering him Rs 4.02 lakh per annum.

Officials of the cradle’s training and placement cell said about 30 companies came so far to recruit NITIans in the drive that started from July-end. About 40 more firms from software, core and other sectors will visit the campus.