India, Dec. 2 -- The placement season at the Indian Institute of Technology (IIT) Bombay began on December 1 with 42 companies participating on the first day and making 98 job offers. According to students, Da Vinci offered the highest package of about £125,000 per year, which is approximately Rs. 1.48 crore.

Students said around 70 interim selections were displayed on Day 1. They added that GE, Airbus and Barclays conducted walk-in processes alongside scheduled interviews. While the placement season has begun, IIT Bombay has not yet released the official figures.

The second day of placements is expected to be even busier, with more than 35 national and international companies scheduled to visit the campus. Students said Tesla, the...