Facebook Offers Rs 1.34 Cr Package to Allahabad Engineering Student

Social networking giant Facebook has hired an engineering student here for a fat annual pay package of Rs 1.34 crore, one of the biggest offers made to alumnus of any technical institution of the country.

According to P Chakravarti, Director of the Motilal Nehru National Institute of Technology (MNNIT), a B.Tech student from the institute, who has requested that his name be withheld for "security reasons", received a letter on March 27 from Facebook confirming his appointment and the annual pay package on offer was stated to be USD 262,500 (around Rs 1.34 crore).