IITs anticipate COVID-19 restrictions to impact international offers being extended by global recruiters.
Online pharmacy player Portea, which has reportedly raised $46.5 million in two rounds, has been blacklisted for one year for revoking an offer.
Core sectors like manufacturing were the second largest recruiters at the newer IITs.
Experts believe modifying the placement model is a good decision given the changes that campus recruitment has undergone globally, says Vinay Umarji.
IIT Kharagpur gets more than 1,000 job offers in a record five days, with 144 companies visiting the campus till Dec 5
Disclosing placement figures puts pressure on students, noted IIT officials.
IIM-A, other top B-schools moot IIT-like joint placement committee
Vinay Umarji reports on the IITs' latest move.
What will happen to the job placement and summer internship plans of India's management and IIT students? Many campuses are stepping in to help students hang on to their placements, in spite of the lockdown.
Being a start-up backed by marquee funds will no longer be enough to seek a placement slot at the Indian Institutes of Technology.
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