Hi
Well - K Vs I has been a personal call for a lot of people from our batch. Both places have roughly similar placement track records if i am right! But we've beaten them hollow when it comes to Systems placements (again let me warn u that this is just from what i know

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K is much more relaxed. I has a very rigorous course. K believes in letting people take things the way they like! Would u believe that no IIMI 1st year guy is allowed leave 2 go 2 a B-school fest! At K we took 5 days off 2 attend Confluence (IIMA's fest) and again a day off 4 IIMB Vista! That'd be unthinkable at I.
I've heard that IIMI's campus is also scenic. Not been there myself, but i can vouch 4 K
Hoping to meet u at K
Ravi