financetom
Business
financetom
/
Business
/
Market Chatter: RTX to Expand Workforce in India with 1,000 New Hires by 2027
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: RTX to Expand Workforce in India with 1,000 New Hires by 2027
Dec 19, 2024 5:53 AM

08:16 AM EST, 12/19/2024 (MT Newswires) -- RTX (RTX) plans to add 1,000 employees to its 7,000 workforce in India by 2027, focusing on engineers and data scientists to support global operations, Reuters reported Thursday, citing Collins Aerospace Vice President of Engineering Savyasachi Srinivas.

The new hires include 300 engineers for Pratt & Whitney within 18 months and 700 roles at Collins Aerospace over the next 12 to 18 months, the report said.

Srinivas said Collins Aerospace plans to open a larger factory in Bengaluru by 2026, consolidating three manufacturing sites, according to Reuters.

Meanwhile, Jayant Mukherjee, the head of Asia-Pacific and India Digital Capability Center at Pratt & Whitney told Reuters that the center center aims to increase in-house technology work to 55% over the next three years, reducing reliance on outsourcing partners.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US STOCKS-Dow, S&P 500 drop ahead of earnings; investors cautious after 6 weekly gains
US STOCKS-Dow, S&P 500 drop ahead of earnings; investors cautious after 6 weekly gains
Oct 22, 2024
* Boeing ( BA ) gains after offering new wage deal * Humana, Cigna ( CI ) fall after report companies resumed merger talks * 114 S&P 500 companies to report results this week * Nvidia ( NVDA ) briefly touches record high * Indexes: Dow down 0.85%, S&P 500 down 0.29%, Nasdaq flat (Updated at 2:15pm ET/6:15pm GMT) By...
Fintech giant Stripe to buy crypto startup Bridge
Fintech giant Stripe to buy crypto startup Bridge
Oct 22, 2024
Oct 21 (Reuters) - Stripe will buy stablecoin infrastructure provider startup Bridge, the fintech said in a tweet on Monday without disclosing the deal value. The deal is valued at $1.1 billion, Forbes reported last week, citing people familiar with the matter. Stripe declined to comment on the transaction's value when contacted by Reuters. Stripe, founded by billionaires John Collison...
US STOCKS-Dow, S&P end down as Treasury yields rise, investors eye earnings
US STOCKS-Dow, S&P end down as Treasury yields rise, investors eye earnings
Oct 22, 2024
* Boeing ( BA ) gains after offering new wage deal * Humana, Cigna ( CI ) fall after report companies resumed merger talks * 114 S&P 500 companies to report results this week * Nvidia ( NVDA ) touched record high (Updates at 4pm ET/8pm GMT) By Lisa Pauline Mattackal, Purvi Agarwal and Carolina Mandl Oct 21 (Reuters) -...
V3V Ventures Invests $5 Million In Premium Telegram Usernames, Seizing 'Unique Advantages' To Build Crypto Channels
V3V Ventures Invests $5 Million In Premium Telegram Usernames, Seizing 'Unique Advantages' To Build Crypto Channels
Oct 22, 2024
V3V Ventures, a $20 million VC fund that invests in start-ups and cutting-edge technologies in crypto, NFTs, and Web2 and Web3, has invested in a number of prominent Telegram usernames. The fund has invested $5 million acquiring usernames such as: @buzz, @trade, @startups, @ether, @trading, @venture, @insta, @anime, @freelancer, and @trade. V3V regards these bluechip or vanity plate usernames as...
Copyright 2023-2026 - www.financetom.com All Rights Reserved