Following the success of the first round of campus placement drive at IIT-Kanpur, the premier institute will hold the second round from tomorrow in which about 250 engineering graduates will take part.

"As many as 75 companies will participate in the second round beginning on January 3. A total of 250 students will take part in the process that will continue till March,"in-charge of IIT Placement Cell Vimal Kumar told PTI today.

Around 75 national and foreign companies will come to hire students in the second round of placement, he added.

Google Inc, Oracle, Mitsubishi, Microsoft, Sony, Samsung, Airbus, HSBC, Deutsche Bank were among the 40 MNCs which took interviews of students in the first round, while India-based companies such as Tata Motors, Infosys, Hero Motors and others have participated till now, he said.

“We are very happy at the success of the first round of the placement, which ended on December 24,” he said.

According to sources in the IIT, more than 12 students bagged an annual package of Rs 1 crore in the first round, while hundreds other secured a package ranging from Rs 30 lakh to Rs 75 lakh.

However, when asked, Kumar neither confirmed nor rejected the report, saying the IIT administration guidelines do not permit him to share details of the students'' packages with the media.

Around 950 students had appeared in the first round of placement process and 700 of them had landed jobs, the sources said.