Showing posts with label BOMBAY. Show all posts
Showing posts with label BOMBAY. Show all posts

Wednesday, 5 December 2012

IIT PLACEMENTS AND THIER SALARY DETAILS

IMPRESSIVE PLACEMENTS IN IIT,INDIA

IIT Bombay- Many as 35 companies made 160 offers on Sunday with Samsung leading the list in terms of number of offers. In terms of salary package, Sriram Bhagwat of IIT Bombay has been offered USD 1.5 lakh (Rs 80 lakh) per year by Samsung. 


IIT KANPUR-After hogging the limelight for one of its students bagging a mammoth Rs 72 lakh annual salary package last year during the campus placement drive, IIT-Kanpur is in the news again for the same reason. Rocket Fuel, a USA based company that came to the institute for the first time this year, has offered four students of IIT-Kanpur an annual CTC package of $1.30 lakh, which equals Rs 70 lakh in Indian currency.

IIT KHARAGPUR-Multinationals CitibankCoca Cola and Amazon on Sunday entered the fray at the Indian Institutes of Technology, where both salaries and the number of offers have topped last year's figures in the first two days of the annual placements.Day 2 of the event saw offers of international postings and an average salary of 10 lakh at the Guwahati campus and 20 lakh at IIT Kharagpur. The line-up of companies wanting to tap Indian talent included eBay, PayPal, Accenture, Nomura, Flipkart and SISO (Samsung India Software Operations), American Express, Schlumberger, Qualcomm, Adobe, Walmart, Morgan Stanley, Oracle, Johnson Matthey, Epic and Directi. Microsoft, GoogleFacebook and Samsung, with salaries ranging from $120,000 to $150,000 for positions based primarily out of the US and Korea.

IIT MADRAS-The placement season in IIT has started. What has come as a surprise is a top offer provided by South Korean multinational conglomerate Samsung to a computer science student in IIT Madras. The technology giant has offered a package of Rs 81.6 lakh.Google has occupied the next position in offering a PPO pre-placement offer) to a student IIT. He has been offered a package of Rs 73 lakh.The first day of placement saw big recruiters like Boston Consulting Group; Deutsche Bank Group; Goldman Sachs; ITC, Google, Sony (Japan), Facebook, Morgan Stanley, Microsoft amongst others. Average domestic salaries are in the mid-Rs 20 lakh range on the first day.


IIT-Bombay to power up Aakash-2 tablets for Indian classrooms

MUMBAI:
 Amid the unending debate over whether Aakash-2 was made in China, Canada or India, the tablet's first consignment sent to the Indian Institute of Technology-Bombay is ready to be powered with stacks of applications for Indian classrooms. The government has bought the first batch of 10,000 shoe-size Aakash-2 tablets, each costing $40 (2,200). 

Since 2000, the government has been trying to change the stationery in the country's classrooms. It started with the $10 (550)computing device launched in Tirupati in 2009. Then came the $35 (1,925.20) Aakash-1 device that was touted to be India's iPad killer (Aakash was originally called Sakshaat— 'right in front of you') or it's bigger globally-created brother, launched at the UN yesterday. 

As a part of that exercise to "revolutionize education", A-2 will not be sold in the market. Instead, close to 20,000 engineering students will be given A-2 to build a fuller machine for the higher versions of Aakash. Head of Kanwal Rekhi School of Information Technology at IIT-Bombay, Deepak Phatak, is piloting this project with 11,000 teachers and 20,000 students. 

Meanwhile, IIT-Madras's professor Ashok Jhunjhunwala, who is developing Aakash-3, says the upcoming gadget will be remarkably different. For one, it will have multiple manufacturers with a larger distribution system as the order will be a lot bigger. "There will be larger accountability, and repair workshops in various parts of the country so that a student does not have to post it back to the manufacturer. We'll develop a product that is more mature, rugged and reliable." He adds that when A-3 is out "in a few months", an eco system of applications will be ready, new teaching methods and learning methodologies would have been developed and deals inked with content developers. 

Phatak, whose dream is "to see a resurgent India catching up with the world using IT", is in charge after IIT-Jodhpur director Prem Kumar Kalra was pulled off it. "Thousands of apps will be developed on Aakash-2. I wish to clarify that Aakash-2 is a pilot we undertook to develop apps; the government has paid for them in toto." The applications and the content, which promise to alter the topography of education in India, will be 100 % Indian."It's the human contribution that a lot of people are going to make that'll lead to change in education." Teaching methods in schools, medical schools, will change. 

Made in India, China or Canada? 

While parts of Aakash came from China and Canada, as confessed by Datawind CEO Suneet Singh Tuli, faculty members from engineering colleges say that India does not make components for tablets and most complex machines are of global make. 

Former director of IIT-Delhi PV Indiresan says, "We don't make any parts in India and almost all of it comes from elsewhere." He feels that if the digital divide is bridged, most problems set in India's education system will have an answer. "A computing device is going to be an important tool."C Amarnath, who heads SINE, the Innova8tion, Entrepreneurship and Incubation Centre at IIT-Bombay, points out that Ganesha idols come from China today too. "If you bring in sentiments into business, it won't work. 

Today, even Japan sources a lot from China." Similar sentiments are echoed by IIT-B director Devang Khakhar, who says that the crux of the matter was that the tablet was relevant to engineering students. "A lot of parts of the tablet have come from across the globe and assembled here. That is the case with most products today." 

Packed with many more features 

Aakash-2 is packed with many more features than its previous edition. For one, a click allows a teacher to conduct an instant quiz in the class. A professor can post a question and students need to answer the same on their tablet. 

The data is collated within seconds and it allows the teacher to find out who got it right and who did not follow what was taught.