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KOLKATA/BANGALORE: A muted economy notwithstanding, the first flush of pre-placement offers (PPOs) at six oldest IITs suggests that companies might be hiring more this year. Marquee employers such as Microsoft, Hindustan Unilever, Reliance Industries, Goldman Sachs, Adobe and Schlumberger have rolled out over 170 PPOs to the class of 2013, with strong indications that the final tally at these six IITs may beat last year's records. Officials from the six IITs ET spoke to said about 260 students from their institutes received PPOs last year.
Pre-placement offers usually start trickling in from July-August and can go on till October-November for top engineering colleges. The final placement starts after that, from December, and may go on till June the following year.
"We are receiving a good response from potential recruiters, but it's too early to say the situation is better than last year," said a cautious Avijit Chatterjee, professor-in-charge of placements for IIT-Bombay. PPOs are made to final-year students from undergraduate and postgraduate degrees at the IITs from streams such as mechanical engineering, electrical engineering, computer science and applied materials.
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