just went to fore and spoke to a couple of seniors and they said the placements have been ok clocking average of 4.5-5 lpa.everybody gets placed and the take home ranges from 20-30 on average depending on which specialization and which company u r in..
regarding the refund on the deposited fees,he said that there is a case of refund of partial amount and the letter is just to make sure that candidates dont block the seat for someone else.there is a good possibility that this might be 100% incorrect coz the sample size was too low..neways just keep the facts flowing in..no gossip..no rumours.