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Uncertainties posed by the Covid-19 pandemic and staggering economy notwithstanding, the Indian Institute of Management (IIM), Ranchi announced on Friday the successful completion of its summer placement process for the batch of 2020-22. The batch comprises 329 students with 256 and 73 in MBA and MBA-HR programmes respectively. As many as 134 companies including 93 first time recruiters participated in the summer placements. “All the students have secured summer-internship assignments through campus recruitment programme except two, who had secured off-campus internship offers and chose to opt-out from the programme,” IIM said in a statement. The average stipend for the MBA batch saw an increment of approximately 02 per cent over the previous year and stands at Rs 97,502. The average stipend for the MBA-HR batch is Rs 1,00,694, which is also higher than the last year, said IIM. ....