Page 5 - Engineering

Women hiring from campuses grew 5% in 2022-23, says HirePro report

There has been a 5 percentage points increase in campus hiring of women in 2022-23, compared to the previous year as companies in India are keen on inclusivity and diversity in the workplace, a report said on Monday. In FY23, 40 per cent of the fresh talent hired from college campuses were women, up from 35 per cent in the previous year, AI-powered recruitment automation firm HirePro said in the report. The report is based on evaluation of data during FY23, for a sample size of 5,50,000 BTech candidates across all five zones -- central, east, north, south, and west -- of the country. As per the report, a majority of women participated in campus hiring exams last fiscal for sectors such as IT, banking, financial services and insurance (BFSI) and research and development (R&D). Further analysing the data, the report said IT services top the chart in women's participation in campus hiring. The report also revealed that out of the five zones, south India had the highest women ...

L&T ramps up green hydrogen play, plans launch of electrolysers in Sept

During the first phase, L&T looks to supply electrolysers to a mix of Indian procurers and foreign markets, with a 70:30 ratio, Shah said

In suspected case of suicide, IIT-D student found hanging in hostel room

In a suspected case of suicide, an M.Tech student of the Indian Institute of Technology (IIT), Delhi was found hanging in his hostel room, police said on Friday. The matter came to light after the family of the student, Sanjay Nerkar (24), asked his hostel mates to check on him as he was not answering his phone, they said. Nerkar (24) stayed in room number 757 at Dronacharya Hostel. He was a native of Nashik, Maharashtra, a police official said. "Nerkar's family members called him on Thursday night. When he did not answer the phone, the family members asked his hostel mates to check on him," a police officer said. When the other students went to his room, they found it locked from inside. They informed the hostel guard, who broke open the door. Nerkar's body was found hanging from the ceiling of the room, the officer said. The student's family members have been informed and an investigation is underway to ascertain the cause of death, police said.

Siemens Q3 results: Net profit up 9% at Rs 505 crore, revenue rises 17%

In his outlook, Mathur said, 'Capex demand across segments, largely driven by Capex spending in Public Infrastructure, continues to be good. Private Capex is also beginning to pick up'

Fulcrum Digital plans to hire 700 professionals across tech domain in 2024

Fulcrum Digital, a digital engineering and business platform company, plans to hire 700 people across multiple technology domains such as artificial intelligence (AI) this year, according to its chairman Rajesh Sinha. The company has also launched Ryze, a generative AI platform, which aims to simplify operations for businesses handling big databases. Positioned as a Software as a Service (SaaS) solution, Ryze aims to enable businesses to drive content generation, covering textual and visual mediums with precision and efficiency. Its integration of components including large language models, neuro readers, AI computing, and intelligent chatbots ushers a new era in AI-driven productivity and operational excellence, the company said. Sinha, Founder and Chairman of Fulcrum Digital, said, the company "aims to hire 700 employees in the calendar year 2024, across technology domains such as artificial intelligence (AI), data scientists, software developers, and more". These employees will

Interim Budget 2024-25: Infrastructure likely to get a capex thrust

Increase in outlay in line with industry expectations

L&T Q3 results: Net profit up 15.4% at Rs 2,947 cr on robust order inflows

Company expects to end FY24 at 20% growth in orders

Mukund Rao joins engineering services firm Xoriant as prez, global markets

Prior to joining Xoriant, he was the Chief Business Officer of Banking, Financial Services at LTIMindtree

TMS Ep611: Flight delays, engineering studies, markets, AI in Ayodhya

Is there a solution to flight delays in fog season? Has engineering lost its shine for students? Will HDFC Bank shares bounce back now? How will AI help surveillance in Ayodhya? All answers here

IIT Bombay: 85 students secure salary packages worth over Rs 1 crore

IIT Bombay witnesses a surge in R&D sector salaries, with average annual pay reaching Rs 36.9 lakh, while finance sector experiences a 22% dip

Exports to Australia see upward trend, owing to duty concessions under ECTA

Government officials said that there has been an uptick in exports of products, where duty concessions have been given under the trade deal

Kalpataru bags orders worth Rs 3,244 cr, forays into metro tunnel segment

Engineering and construction firm Kalpataru Projects International said the company along with overseas subsidiaries and joint ventures bagged new orders worth Rs 3,244 crore and also announced its foray into underground metro rail tunnelling segment. The company said it secured an order for design and construction of an underground metro rail project, marking its foray into electric mobility business with TBM (tunnel boring machine) tunnelling scope. According to a statement, Kalpataru Projects International Ltd (KPIL) along with its joint ventures (JVs) and overseas subsidiaries has secured new orders/notification of awards of Rs 3,244 crore. It has also got orders in the buildings & factories (B&F) business, including KPIL's largest ever design and building contract for a residential project in south India with a built-up area of approximately 13 million square feet from a reputed developer. Besides, the company got orders in the Transmission & Distribution (T&D) ...

Only 1 in 10 engineering students graduating this year may land a job

Hiring of engineering graduates is likely to reach pre-pandemic levels, with 160,000 freshers expected to get hired

'63% of candidates recommended for CSE (Mains) during 2017-21 had B.Tech'

Over 63 per cent of the total candidates recommended by the Union Public Service Commission for the Civil Services Examination (Mains) during 2017-21 had Engineering degrees, Rajya Sabha was informed. Minister of State for Personnel Jitendra Singh presented data of candidates recommended in CSE (Mains) which showed that out of 4,371 aspirants who appeared during the period, 2,783 were from the engineering stream. The statistics showed that 1,033 candidates came with humanities background, 315 from science and 240 medical graduates. In case of the candidates with higher degrees, humanities background contenders ruled the charts with 597 postgraduates in humanities and 243 postgraduates in engineering clearing the examination. The data presented by the minister on Thursday in response to a question showed that 3,265 male candidates (74.6 per cent) and 1,106 woman candidates (around 25.4 per cent) made it through the examination during 2017-21. The candidates recommended by the UPSC

Uttarakhand tunnel incident spotlights safety in existing, future projects

Engineering companies expect the incident to spotlight safety as a major aspect in future tunnel projects in India

With over Rs 10K cr win, L&T races to another robust quarter for orders

As of Monday, L&T has reported new order wins for FY24, just shy of the Rs 2 trillion mark by a few hundred crore

Pitti Engineering profit rises to Rs 22.5 crore in September quarter

Pitti Engineering on Wednesday said it has reported a 121.9 per cent rise in Profit After Tax (PAT) to Rs 22.55 crore for the September quarter. The company had reported a PAT of Rs 10.16 crore in the year-ago period, Pitti Engineering said in a statement. However, the company's revenue in the July-September period dropped to Rs 302.85 crore, over Rs 304.55 crore in the year-ago period. "Despite upcoming challenges and uncertainties on account of war, upcoming elections and other macro-economic factors, the company remains positive for achieving our annual targets," the company's Vice Chairman and Managing Director Akshay S Pitti said.

IIT Guwahati discovers modified graphene oxide's potential in medicine

Researchers at the Indian Institute of Technology (IIT) Guwahati have developed cost-effective experiments for modifying graphene oxide that can be used by other academic institutions to train personnel needed for cutting-edge projects in semiconductors, nanoelectronics, healthcare and quantum technologies. A team led by Rajiv K Kar, assistant professor, at the Jyoti and Bhupat Mehta School of Health Sciences and Technology in IIT-Guwahati, have made these important discoveries regarding the use of modified graphene oxide for biomedical applications, a release said on Tuesday. Graphene is an exceptionally strong material and possesses outstanding electrical and thermal conductivity. Its oxidised form, called Graphene Oxide (GO), offers a large surface area and low cytotoxicity, making it suitable for medical applications. GO can be further engineered through defects, doping and functional modifications, which enhance its optical and electrical properties for improved biomedical ...

Green engineering need of hour, construct sustainable structure: Prez Murmu

"Green engineering" is the need of the hour, President Droupadi Murmu told officers of the Military Engineer Services (MES) on Friday as she asked them to construct eco-friendly and sustainable structures that promote the use of renewable energy. Addressing a group of MES probationers, who had called on the President at the Rashtrapati Bhavan here, Murmu said, "The role of an engineer is not just limited to calculations, designing and construction. It is much broader and includes connecting communities, realising the dreams, and shaping the future." "As young officers who have just entered the service, you must be well aware of the environmental challenges and issues of climate change. It is your duty to design and construct such structures which are eco-friendly, sustainable and promote the increased use of renewable energy," she said. Murmu pointed out that the field of engineering is ever-evolving, with new technologies and methods emerging at an astonishing pace. "You need to

Destination India for ER&D sourcing: Here're top 5 sectors' share in 2023

The country is a destination for ER&D due to its digital talent and startup ecosystem