KACHARAGADLA

Twelve students at the prestigious  Indian Institute of Technology, Kanpur have bagged a package of Rs 1 crore or more during an ongoing  placement drive . IT giant Oracle has offered a remuneration package of Rs 1.3 crore per annum to three students while internet giant Google has offered an annual package of Rs 1 crore to six students. LinkedIn has offered an annual package of Rs 1 crore to two students while Tower Research has given one student a package of Rs 1 crore per annum, a top official said, requesting anonymity. The number of students to have bagged a placement offer of Rs 1 crore or above is expected to increase three-fold as out of 250 companies, only 90 have participated in the placement drive till now, the official said. He also dismissed reports that the three students being given Rs 1.3 crore per annum have refused the offer. There are dozens of students have bagged a package between Rs 50 to Rs 75 lakhs per annum, the official said.