logo
IIT-BHU, Hindalco ink MoU for research-based internship programme

IIT-BHU, Hindalco ink MoU for research-based internship programme

Time of India4 days ago
Varanasi: In a major step toward strengthening industry-academia ties, the Indian Institute of Technology (IIT), BHU and Hindalco Industries Limited signed a Memorandum of Understanding (
MoU
) on Tuesday to launch a six-month research-driven internship programme for M.Tech students.
The internships will be hosted at Hindalco's Renukoot plant.
The initiative aims to provide engineering students with the opportunity to engage in real-world industrial environments, allowing them to work on production, process control, and innovation-driven projects. The collaboration is expected to significantly enhance students' practical knowledge while contributing to national missions such as 'Make in India', 'Viksit Bharat 2047', and 'Aatmanirbhar Bharat'.
Given the growing potential of aluminium-based technologies, this partnership is a forward-looking step towards long-term industrial advancement.
Speaking on the occasion, IIT-BHU Director Prof Amit Patra said, "This partnership will allow students to undertake research in a dynamic industrial environment, equipping them with deeper insights and fostering innovation. Collaborating with a global industry leader like Hindalco brings tremendous value to this initiative."
Echoing similar sentiments, Prof. Sushant Kumar Srivastava noted, "This MoU will significantly strengthen students' exposure to industrial processes and sharpen their professional capabilities, while also driving innovation in India's metal sector. It marks a leap forward in enriching technical education."
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

PSUs to start free coaching classes for premium exams
PSUs to start free coaching classes for premium exams

Time of India

time20 minutes ago

  • Time of India

PSUs to start free coaching classes for premium exams

Bokaro/Ranchi: To empower displaced youths, BSL and the district administration are planning to launch free coaching and career guidance initiatives by August 15. A meeting in this regard was jointly chaired by Bokaro DC Ajay Nath Jha and BSL's director in-charge B K Tiwary in presence of other authorities on Saturday to chalk out the road map. The meet's focus was on the welfare of displaced families and law and order issues linked to BSL operations. One of the key agenda items was providing coaching for displaced youth to help them prepare for opportunities in SAIL, BCCL, CCL, banks, and other institutions. The DC has also issued instructions for a socio-economic survey of displaced families to help include them in relevant schemes. Meanwhile, NTPC Mining Limited's Pakri Barwadih Coal Mining Project also rolled out Tarang, a free IIT-JEE and NEET coaching for meritorious students from project affected rural areas under its corporate social responsibility initiative. "This programme aims to empower students from remote villages who often miss out on quality education due to lack of guidance and financial constraints," NTPC stated

From rural India to Silicon Valley: How Jay Chaudhry's triad of education fueled a $25 billion cybersecurity empire
From rural India to Silicon Valley: How Jay Chaudhry's triad of education fueled a $25 billion cybersecurity empire

Time of India

time5 hours ago

  • Time of India

From rural India to Silicon Valley: How Jay Chaudhry's triad of education fueled a $25 billion cybersecurity empire

From a small village in Himachal Pradesh to the helm of a global cloud security company valued at over $25 billion, Jay Chaudhry's journey is a testament to perseverance, education, and visionary leadership. Tired of too many ads? go ad free now Chaudhry, founder and CEO of Zscaler, is recognised as one of the most influential Indian-origin entrepreneurs in the technology sector. His rise reflects a unique blend of academic rigour, international exposure, and strategic insight. Growing up in Panoh, a remote village in the Una district, Chaudhry faced considerable hardships. The village lacked basic amenities such as electricity and running water during his childhood. He walked several kilometres daily to attend a school in a neighbouring village, often studying under trees by daylight. This early display of grit and dedication laid the foundation for his later academic and professional achievements. A strong technical foundation from IIT-BHU Chaudhry's academic journey began with his admission to the Indian Institute of Technology, Banaras Hindu University (now IIT-BHU), where he earned a bachelor's degree in electronics engineering. This education provided him with essential technical knowledge and problem-solving skills that would later underpin his ventures in cybersecurity. At 22, Chaudhry left India to further his education at the University of Cincinnati in the US. There, he pursued a rare combination of three master's degrees: computer engineering, industrial engineering, and marketing. This multidisciplinary approach allowed him to gain deep technical expertise, understand process optimisation, and develop insights into customer behaviour and business strategy. Tired of too many ads? go ad free now The breadth of knowledge acquired during his time at Cincinnati equipped him with the ability to bridge technology and business, an advantage crucial in the competitive startup environment. Leadership honed at Harvard Business School To complement his technical and business education, Chaudhry attended the Executive Management Program at Harvard Business School. This experience helped him cultivate leadership skills essential for scaling businesses and managing diverse teams on a global scale. Harvard's emphasis on strategy and organisational culture prepared him to transform innovative ideas into lasting enterprises. Entrepreneurship and the rise of Zscaler Jay Chaudhry's entrepreneurial journey began with founding five tech startups, all in the cybersecurity space. His first company, SecureIT, was acquired by Verisign, followed by CipherTrust and AirDefense, both acquired for significant valuations. However, his most notable success came with Zscaler, founded in 2007. The company introduced a pioneering Zero Trust security architecture for cloud computing, revolutionising how enterprises approach cybersecurity in an increasingly remote and cloud-based world. Today, Zscaler is publicly traded and valued at more than $25 billion, marking Chaudhry as a leader in cloud security innovation. Recognition and legacy Chaudhry's accomplishments have earned him numerous accolades. IIT-BHU honoured him as Alumnus of the Year and later as "Alumnus of the Century in Making." He also received the Distinguished Alumnus Award in 2021–22. The American India Foundation recognised his leadership with the Corporate Leadership Award, while he was a finalist for the EY Entrepreneur of the Year Award in Northern California. Jay Chaudhry's story illustrates how determination, a broad-based education, and strong leadership can turn humble beginnings into extraordinary success in the global technology landscape. TOI Education is on WhatsApp now. Follow us .

The helping hand of banks to Tamil Nadu's startup ecosystem
The helping hand of banks to Tamil Nadu's startup ecosystem

The Hindu

time6 hours ago

  • The Hindu

The helping hand of banks to Tamil Nadu's startup ecosystem

In response to increasing demand and interest from entrepreneurs, banks headquartered in Tamil Nadu are now expanding their network by opening additional branches and specialized cells to support the startups. For many years, banks have played a crucial role in supporting the startup ecosystem. Now, they are also partnering with more incubators and educational institutions. Indian Overseas Bank (IOB), through its startup branch, has established strong network with various stakeholders through District Industries Centre (DIC), National Credit Guarantee Trustee Company Limited (NCGTC) (for credit guarantee coverage) and State government agency. IOB Managing Director and CEO Ajay Kumar Srivastava said: 'The networking and liaising has resulted in various inquiries coming in from all over India. In view of the same, the bank is planning to encourage main branches in startup hubs like Bengaluru, Mysuru, Gurugram and others to tap the opportunity by offering collateral free loans through coverage under CGSS (Credit Guarantee Scheme for Start Ups) or CGTMSE.' The bank has already launched a tailor-made scheme for startups by the name 'IOB Pragati' which it plans to propagate in major centres, he said. Till date, IOB has supported 22 startups with a total funding of ₹73.84 crore. The funding is in the form of both term loan for fixed capital requirement and cash credit for working capital requirement of various firms. The sectors financed by the bank include EV manufacturing, biotech, medical equipment manufacturing, software and IT, food and beverages. Chennai-headquartered Indian Bank is planning to expand its startup branch network beyond its existing ten locations. Currently, the bank has 10 dedicated Startup Cells across major innovation hubs including Ahmedabad, Bengaluru, Chennai, Coimbatore, Delhi, Gurugram, Guwahati, Hyderabad, Kanpur and Mumbai. As of May 2025, Indian Bank has extended financial assistance to over 139 startups, covering diverse sectors such as healthcare, education, consumer services and eco-friendly product innovation. Cumulatively it has disbursed over ₹340 crore under the 'Ind Spring Board' scheme, which was designed to offer tailored, collateral-light financing solutions based on the cash flow potential and business viability of the startup, not just asset backing. Indian Bank's roadmap includes partnering with more incubators and State startup missions to deepen grassroots access besides exploration of partnerships with venture capitalists, fintechs and academic institutions to provide end-to-end support, from ideation to scale-up. The bank also has a strong network with the IIT-Madras Incubation Cell. The collaboration with IIT-Madras Incubation Cell was formalized in 2023 under the Ind Spring Board initiative, with the aim of leveraging their deep-tech ecosystem and co-creating scalable funding solutions. Through this strategic partnership, the bank participates in demo days and pitch events hosted by IIT-M.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store