MUMBAI: The Tata Institute of Social Sciences TISS ), Mumbai has completed summer placements for its two-year postgraduate programme in human resource management and labour relations with a median monthly stipend of Rs 90,000, up 20% from Rs 75,000 per month last year.The average stipend for the 2017-19 batch was Rs 88,060 per month, up from Rs 82,226 per month for the 2016-18 batch. In all, 67 students participated in the process, where 34 recruiters made offers.ITC has paid the highest stipend this year of Rs 1.5 lakh per month while Aditya Birla Group was the biggest recruiter, making seven offers.The maximum number of students – 20.58% of the batch – will do their internships at fast-moving consumer goods (FMCG) companies. Conglomerates made the second-highest number of internship offers to 17.64% of the batch.The summer placements process saw participation from four first-time recruiters including Development Bank of Singapore, OYO Rooms, Max Healthcare and Qualcomm. Companies including Colgate Palmolive, Cisco, Intel and Piramal Group were back on the campus after a hiatus.Participating companies included Asian Paints, Colgate Palmolive, HUL, ITC, Marico, Nestle and Pidilite from the FMCG sector; Deloitte from consulting; Citibank, DBS, FIS Global and JPMorgan Chase from BFSI (banking, financial services and insurance); Atos and Cisco from IT/ITeS; Intel and Qualcomm from engineering and tech; Shell from oil and gas; and Cipla, Dr Reddy’s, GSK Pharma, Novartis and Sun Pharmaceutical Industries from pharmaceuticals.The Aditya Birla Group, General Electric, Mahindra & Mahindra, Piramal, Reliance and TAS represented the conglomerates sector while Airtel, Altisource, Hero MotoCorp, Max Healthcare, OYO Rooms and Tata Steel were the other companies on the campus.