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Please use the link provided below for a list of colleges which offer M.Tech courses through distance mode in Hyderabad. You should be able to navigate to a college of your choice.
https://www.shiksha.com/engineering/colleges/m-tech-colleges-hyderabad?uaf[]=et_dm&ts=19171712&rf=filters&ct[]=702&bc[]=86&ed[]=et_21::dm_34
A full-time M.Tech course holds an edge over a part-time M.Tech course. But, if one wants to gain good work experience and not give up job for the full-time M.Tech course, one can still do it part-time. The advantage of doing a part-time M.Tech course will be that during the duration of the course, you will gain significant work exposure. There is no alternative to real-life work experience and it always helps to achieve bigger things in life. So, if one can multi-task and do the job along with the part-time M.Tech course, then, one can go ahead with it.

Hi S Sathiya,
Firstly there is no on campus recruitment system in US universities, they have career cells which will assist you, organize job fairs, etc., and if you are academically very well you will be connected to top employers. Naturally all the top ranked universities have strong industrial tie-ups. Based on the GRE score range you gave you can target Ohio State University, University of Colorado-Boulder, University of California-Davis, University of Pittsburgh, University of Delaware, etc. If your overall profile and academic grades are very strong then you can apply to universities like Purdue University, North Carolina State University, etc.

You may continue your Diploma and start CPL Training Provided you have completed class 12 with 50% marks in PCM. Graduation is not required to become a pilot. You need to understand that Pilot training is governed and regulated by DGCA and it is irrespective of the flying school you choose to train with. For becoming a commercial pilot, there is a specific eligibility criteria, which you should first be aware of. This is decided on what subjects have you taken in class 12th. It requires PCM to be a pilot. And, even if you have not opted for the same, then you can appear separately for these subjects and become eligible. Further, you should be aware that you are medically fit to be a pilot, so I would suggest you to visithttp://www.dgca.nic.in/medical/medical-ind.htmandgototheclass2nd examiners tab to find out doctors who will examine you for initial fitness. You can visit any doctorate from the list as per your convenience. Once you are done with Class 2nd medical, find out a suitable flying club for you as per your convenience. You can fly in India or abroad. I would suggest you fly in India. Besides finding the club, be aware that you will have to appear for:
1. Air Navigation
2. Aviation Meteorology
3. Air Regulations
4. Aviation Technical
5. Aircraft Specific
6. Radio Telephony
Here, 1-5 are conducted by DGCA and 6 is conducted by WPC. Prepare for these subjects and appear, as exams are conducted every quarterly. For preparation, flying club will help you or there are private instructors available in metro cities as well. You will fly for 200Hrs + Clear DGCA and WPC exams + Clear Class 1st medical, then you shall get your CPL. The next license is ATPL, which you shall be able to apply for once. You will then have to probably fund or self-sponsor your type rating on whatever fleet you are selected in an airline. Then, you finally get a job as a pilot. I hope the process is well explained to you. CPL is an expensive affair. It might cost you around Rs.18-20 Lacs for flying + DGCA exams Rs.500/- each exam + Medicals for Rs.10, 000 + endorsements and license issue fees around Rs.25k + Type Rating around Rs.15 Lacs. So, decide wisely before you enter the field.