Larsen and Toubro (L&T) has not sent offer letters to students it selected through campus placements in 2014, a reddit user has alleged. The anonymous poster, who hinted that the incident happened at Manipal University, claimed that students who’d been offered the jobs were doing odd jobs at 5-10k per month while they waited to join the company.
It’s boom-time for startups across the world. The unicorn, or a startup with a valuation greater than $1 billion (so named because it used to be as rare as the mythical creature), has now become commonplace. As of 2015, 107 companies across the world feature in this elite list.
The top startups in India in 2015 are, keeping with the times, mostly internet based companies. Mu Sigma, a Bangalore-based analytics firm, makes an interesting entry into the list.