IIM Indore student offered ₹49 lakh annual package to work in India
A student from the Indian Institute of Management (IIM) Indore has been offered the annual package of ₹49 lakh by a company to work in India during the placement process, an official said on Sunday. This is the highest annual package offered during this session's final placement at this institute which has seen an 18 per cent rise compared to the last time.
The institute has successfully completed the final placements of 572 participating candidates from the two-year flagship Post Graduate Program (PGP) and the five-year Integrated Program in Management (IPM), an official release said. Over 180 recruiters, including more than 30 new ones, offered prestigious roles to students of IIM Indore's 2022 batch.
The average package stood at a record-breaking ₹25.01 lakh, witnessing an increase of 6% as compared to the previous year, the release said. The top 100 students bagged packages averaging ₹37.95 lakh and this average for the top 200 students' compensation stands at ₹32.75 lakh, it said. The institute's median package also increased by 6.6% to reach a record ₹24.09 lakh. The highest package (during the final placement of this session at IIM Indore) offered on the campus was ₹49 lakh.
“At IIM Indore, our endeavour is to be a contextually-relevant business school with world-class academic standards. HighThe exceptional placement drive we witnessed this year is a result of our constant efforts and hard work,” said Prof Himanshu Rai, Director, IIM Indore. During the placement, the employers who offered the highest 31 per cent job offers to students are from the counselling sector. Besides, 20 per cent of job offers are given in the finance sector, 18 per cent in sales and marketing, 16 per cent in general management and 15 per cent in the information technology and analytics sector.
Opposition All India Anna Dravida Munnetra Kazhagam leader KPP Baskar is accused of amassing a wealth of Rs 4.72 crore or 315% more than his known sources of income. A former legislator from Namakkal, Baskar, is seen to be close to former chief minister and AIADMK's interim general secretary Edappadi Palaniswami. He is the seventh AIADMK leader to face DVAC raids since Dravida Munnetra Kazhagam (DMK) returned to power in May 2021.
Shocking scenes were witnessed in Delhi when two people- a teenager and a man- were injured after getting attacked by a group of people in the Wazirabad area on Thursday night, police said on Friday. CCTV footage of the attack - shared by news agency ANI - showed the group of around 10 people attacking Jatin, aged 17, and Ajay, aged 42. Jatin and Ajay were injured in the attack, Deputy Commissioner of Police (north) Sagar Singh Kalsi said.
An alert patrolman averted an accident by stopping a locomotive along the Mumbai-Pune rail route as it was approaching a fallen boulder on the track in the early hours of Friday. Rail services on the route that had to be temporarily halted but it was restored by 8:15am on Friday morning. Patrolman Motiram Lodhi who was on duty at that time, immediately stopped the approaching locomotive and informed his seniors about the incident.
A 23-year-old woman from Karnataka's Ballari named Vidyasri B has sent 900 rakhis to army personnel stationed at external borders on Raksha Bandhan, The Times of India reported. Vidya reportedly sent these rakhis through an army organisation in Bengaluru, Yodha Namana. Out of 900 rakhis, 300 were sent to soldiers at the Wagah border, 300 to soldiers at the Assam border and 300 to the Border Security Force personnel in Haryana, said the report.
The Shiv Sena on Friday slammed Maharashtra's Eknath Shinde-led government for exonerating Bharatiya Janata Party leader Kirit Somaiya in a case related to alleged misappropriation of funds raised to save decommissioned aircraft carrier INS Vikrant from getting scrapped. An editorial in Sena's mouthpiece Saamana said that after Shinde, who became the chief minister with BJP's help after rebelling against Shiv Sena chief Uddhav Thackeray, came to power all “scamsters are having a free run”.