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So I heard back from a firm in Bombay. It's a tier 2 firm and is known to be responsive. The HR person told me that they are currently only looking for 4th/5th year students. For context I am in third year and had applied for both the month of June and October. They said that even tho they are only looking for fourth/fifth year, my cv is being reviewed by some teams and they will let me know if I fit their requirements. What should I make of this??? It is a rejection, yes but seems like more than that to me. Please help a junior.