Gå ubegrenset med Magzter GOLD

Gå ubegrenset med Magzter GOLD

Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare

$149.99
 
$74.99/År
The Perfect Holiday Gift Gift Now

Defence firms join battle for IIT talent

Mint Mumbai

|

December 22, 2025

Defence and aerospace companies are competing with high-frequency traders and tech giants to hire engineers from the Indian Institutes of Technology (IITs), buoyed by their expansion plans and the entry of private firms in the space and defence sectors.

- Pratishtha Bagai, Shouvik Das & Devina Sengupta

Defence firms join battle for IIT talent

These engineers are required for advanced manufacturing and product design projects in private companies based in India, which are seeking billion-dollar business opportunities.

"With the rise of space tech startups—not just rocket makers like Skyroot, but also many promising satellite makers and space intelligence-based startups in Hyderabad, Bengaluru and elsewhere—for the first time, India's top-tier candidates have a reliable and promising career opportunity to partake in truly world-class engineering right from India," Temasek-backed Skyroot Aerospace said in an emailed response to Mint.

Founded in Hyderabad by Pawan Kumar Chandana and Naga Bharath Daka, who were once colleagues at the Indian Space Research Organisation, Skyroot Aerospace is India’s highest-funded space startup with $95 million in venture capital funding to date. It is set to make its first commercial rocket launch from Indian soil by March 2026. Chandana and Daka are alumni of IIT Kharagpur and IIT Madras, respectively.

The company said this year Skyroot held its first “structured” recruitment drive across 20 top-tier institutes in India—including the IITs, the Indian Institute of Space Science and Technology, and the Indian Institute of Science. From 3,500 applicants, about 65 students were offered a job.

FLERE HISTORIER FRA Mint Mumbai

Mint Mumbai

New code to overhaul securities market rules

Bill to consolidate three laws, proposes stricter conflict norms for Sebi officials

time to read

3 mins

December 19, 2025

Mint Mumbai

Airtel eyes zero debt, Vi borrows to stay afloat

Two of India's biggest private telecom operatorsBharti Airtel and Vodafone Idea (Vi)-are looking to shore up their finances and fund network investments from vastly different starting points, pursuing sharply different strategies of equity-led deleveraging and debt-led survival, respectively.

time to read

4 mins

December 19, 2025

Mint Mumbai

Mint Mumbai

India's landmark Oman trade deal deepens Gulf push

India on Thursday signed a comprehensive economic partnership agreement (Cepa) with Oman that seeks to strengthen the country's economic and strategic engagement with the Gulf and deepen its footprint in the region.

time to read

3 mins

December 19, 2025

Mint Mumbai

Chatbot qualms

It's a reasonable hope that no single platform comes to dominate India's adoption of AI chatbots. Social media saw free services join forces with network effects to place all major formats under the control of X and Meta's three popular platforms.

time to read

1 min

December 19, 2025

Mint Mumbai

DATA RECAP: THE WEEK IN CHARTS

In this weekly Plain Facts compilation, we present to you data-based insights, with easy-to-read charts, to help you delve into the stories reported by Mint in the week gone by.

time to read

2 mins

December 19, 2025

Mint Mumbai

TVS Supply Chain moves NCLAT

TVS Supply Chain Solutions has moved appellate tribunal NCLAT, challenging an NCLT order which had rejected its plea to initiate insolvency against the Indian unit of telecom gear manufacturer ZTE.

time to read

1 min

December 19, 2025

Mint Mumbai

Learnings from a micromanager while on vacation

There are certain characteristics about ourselves that we accept, fight against or simply learn to live with over the passage of time.

time to read

3 mins

December 19, 2025

Mint Mumbai

Mint Mumbai

Capping UPI transaction share a tough ask for NPCI

To avert concentration risk, a UPI app's market share must be capped at 30% by Dec 2026

time to read

3 mins

December 19, 2025

Mint Mumbai

Mint Mumbai

FinSight to step up India push with primary, secondary deals

US-based venture capital firm FinSight Ventures plans to step up its investment activity in India in 2026.

time to read

1 mins

December 19, 2025

Mint Mumbai

Mitsui to bet on AM Green's clean push

Backed by the founders of Greenko, AM Green has signed a memorandum of understanding with Japan’s Mitsui & Co. for strategic collaboration on energy transition initiatives and potential investment pathways in low-carbon aluminium, the company said in a statement on Thursday.

time to read

1 min

December 19, 2025

Listen

Translate

Share

-
+

Change font size

Holiday offer front
Holiday offer back