Ranchi: All 326 first-year students of IIM-Ranchi have acquired summer-internship assignments through campus offers barring two who got their offers off-campus. Around 134 companies, including Aditya Birla Paints, Britannia, Capgemini, Cognizant, Cummins, DE Shaw, Deloitte, Emami Agrotech, Flipkart, Google, ICICI Bank and JP Morgan — participated in the online internship placement drive organised by the institute. The IIM also said, “The average stipend for the MBA batch has been increased by 2% and stands at Rs 97,502 for the two-month-long internship. Average stipend for MBA HR students is 1,00,694, which is again higher than last year.” The management said that despite the uncertainties posed by the Covid-19 pandemic, the entire summer internship assignment was conducted smoothly online under the supervision of the IIM’s placement cell.