India, Jan. 2 -- Indian Institutes of Technology continue to make headlines for global placements. This time, IIT Hyderabad has entered the spotlight. A final-year computer science student has secured the highest salary package ever offered at the institute.

Edward Nathan Varghese, a 21-year-old student, has landed a Rs.2.5 crore annual job offer. The offer has set a new placement record for IIT Hyderabad since its founding in 2008. He will join global trading firm Optiver as a software engineer in July.

The achievement marks a major moment for the relatively young IIT campus.

Edward Nathan Varghese is a final-year BTech student in computer science at IIT Hyderabad. He grew up in Hyderabad and completed most of his schooling in Bengalu...