Monthly Archives: August 2013

Medak boy tops CA entrance exam

Education, Records, All
K. Sarath
K. Sarath

Hyderabad :

K. Sarath, son of a businessman from Siddipet, Medak district of Andhra Pradesh, has secured all India first rank in the CA-CPT results declared by the Institute of Chartered Accounts of India (ICAI) on Tuesday.

“`I could not believe the news when I received a call from ICAI this morning and I have no words to express my happiness,” Sarath told newspersons here.

His father, K. Chandram services and sells sewing machines while his mother, Bhagyalakshmi, is a house wife.

After completion his schooling in Siddipet, Sarath joined Sri Medha Institute here to purse an integrated intermediate-cum-CA entrance coaching. “He topped the exam which was written by over six lakh CA aspirants. The pass percentage in the exam is generally less than 20 per cent,” Niharika, Director, Sri Medha said.

After successful completion of about four-year CA course, Sarath wants to study management at any one of Indian Institute of Managements.

source: http://www.thehindubusinessline.com / Business Line / by The Hindu Bureau     naga.gunturi@thehindu.co.in / Hyderabad – July 16th, 2013

Andhra to invest Rs 1,000 cr in tourism

Business & Economy

TourismHF01aug2013

Will take up projects through the PPP mode in Hyderabad, Visakhapatnam, Guntur

The Andhra Pradesh Tourism Department Corporation (APTDC) would take up projects worth Rs 1,000-crore through the PPP mode in Hyderabad, Visakhapatnam, Guntur.

“We want to focus on Vizag and Hyderabad. We have already called for bidders from across the globe for these projects, “said V Madhusudan, executive director, APTDC. Of these, five are coming up at Visakhapatnam. The projects include an aquarium, theme park, health city and science city at Vizag,

He said domestic tourist arrivals  into the state had increased by about five per cent to 159 million in 2012, while revenues of APTDC rose to Rs 225-crore .

“Our target is to increase the tourist inflows by around 10 per cent and set Rs 300 crore turnover for the corporation,” he said.

source: http://www.business-standard.com / Business Standard / Home> Economy & Policy> News / by TE Narasimhan / Chennai – July 16th, 2013