All posts tagged: recruiters

IITs chase recruiters to avoid a repeat of last year’s scramble

Published by Parlour News

While recruiters from information technology and related services, core industries, manufacturing and banking sectors have started registering with the Indian Institutes of Technologies (IITs), the companies haven’t disclosed their targets for the batch of 2025, according to a placement officer at one of the new IITs. They are yet to get hiring numbers from their HR teams, he said. Of the 23 IITs, first-generation institutes including Madras, Bombay, Delhi, Kharagpur, Roorkee and Kanpur start the placement season in December. The second- and third-generation IITs, along with the National Institutes of Technology (NITs), begin in August-September to get a headstart.  A significant number of 2024 batch graduates from both old and newer IITs were not picked by May-June, when the placement season ends. While that reflected uncertainty in the global economy, many firms were brimming with graduates from the frenzied hiring during the pandemic. The institutes then reached out to their alumni and startups, and accepted lower-than-usual compensation. Also read | Exploring the rise of new players in B-School placements “We have started going after the …

IIMA completes final placement process for 2024 | Ahmedabad News

Published by Parlour News

Indian Institute of Management Ahmedabad (IIMA) completed its final placement process for 2024 on Monday. Companies across BFSI, analytics and IT consulting, core manufacturing and infrastructure, renewable energy and greentech, government enterprises, enterprise tech, fintech and logistics participated in the third cluster of the final placement process for the PGP Class of 2024. Recruiters, including Tata Steel, NPCI, Jio Financial Services, Newgen Software Tech Ltd, Javis, BNP Paribas, Axis Bank and S&P Global, were part of the third cluster recruitment. At five, Silver Consumer Electricals Pvt Ltd, in the core manufacturing and infrastructure cohort, rolled out the highest offers. The BFSI cohort rolled out the second-highest offers after core manufacturing and infrastructure. Many new recruiters such as Waree and Jio Financial Services participated this year across cohorts. “Even in a tough year for the job market, IIMA saw a large number of recruiters participating in the placement process. This year as well we saw an increase in the participation of firms and also the variety in job roles was higher. The placement this year indicates …

Proofpoint Exposes Sophisticated Social Engineering Attack on Recruiters That Infects Their Computers With Malware

Published by Webster

Recruiters and anyone else involved in hiring processes should be knowledgeable about this social engineering attack threat. A new report from U.S.-based cybersecurity company Proofpoint exposes a new attack campaign operated by a financially-oriented threat actor dubbed TA4557 with high financial data theft risks and possibly more risks such as intellectual property theft. In this social engineering campaign, the threat actor targets recruiters with benign content before infecting their machines with the More_Eggs malware. This threat actor takes extra care to avoid being detected. Jump to: How recruiters are targeted by threat actor TA4557 The latest attack campaign from threat actor TA4557, as exposed by Proofpoint, targets recruiters by sending them a direct email. The group pretends to be an individual interested in a job (Figure A). Figure A Sample email sent by TA4557 to a recruiter. Image: Proofpoint The email does not include any malicious content. Once the recruiter replies to the email, the attacker replies with a link leading to an attacker-controlled website posing as an individual’s resume (Figure B). Figure B The …

IITs caution recruiters not to delay joining dates of students

Published by Webster

The Indian Institutes of Technology participating in their ongoing placements programme have asked recruiters to confirm there will not be any delays in the onboarding of the selected students. Some students from the placements team at IIT-Kanpur, in fact, told Mint that they have informed companies participating in the campus recruitment that if they deferred onboarding beyond a certain period they would be blacklisted. These students declined to be identified. The premier engineering colleges are concerned about a repeat of potential delays in joining dates for the selected students, as had happened to previous graduating batch given slowdowns in certain sectors. Across other engineering schools as well, many students who had been selected at campus hirings last year were onboarded only later this year. As such, the IITs are bracing for a sobering placement season this year. For thousands of to-be engineers in the class of 2024, the number of hirings is expected to taper, although salaries may not drop by much. “IIT-Bombay and IIT-Delhi have informed the companies with an explicit request not to defer …