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Former IRS officer bequeaths ₹3 core residential property, ₹66 lakh cash to TTD
Former IRS officer bequeaths ₹3 core residential property, ₹66 lakh cash to TTD

The Hindu

time24-07-2025

  • Business
  • The Hindu

Former IRS officer bequeaths ₹3 core residential property, ₹66 lakh cash to TTD

In a poignant act of devotion, late Y.V.S.S. Bhaskar Rao, a former Indian Revenue Service (IRS) officer from Hyderabad, bequeathed a residential property valued at ₹3 crore and ₹66 lakh in cash to the Tirumala Tirupati Devasthanams (TTD) through his will. The donated residence, a 3,500 square foot home named 'Ananda Nilayam' in Vanasthalipuram, was explicitly designated in his will for use in spiritual and religious activities under the administration of the TTD. In addition to the property, he also earmarked ₹66 lakh from his personal bank accounts to be contributed to six different trusts managed by the TTD. Fulfilling his final wish, the trustees M. Devaraj Reddy, V. Satyanarayana, and B. Lokanath formally handed over the property documents and donation cheques to TTD Additional Executive Officer Ch. Venkaiah Chowdary at the Ranganayakula Mandapam within the Tirumala temple premises on Thursday morning. Mr. Chowdary lauded the noble act of the donor and felicitated the trustees. In another philanthropic act, the Hyderabad-based Trinity Combine Private Limited donated ₹2 crore to TTD's Annaprasadam trust. The representatives of the company handed over multiple cheques to Mr. Chowdary at the temple.

How PolicyBazaar for Business is pioneering proactive risk management for fast-growing businesses
How PolicyBazaar for Business is pioneering proactive risk management for fast-growing businesses

Time of India

time24-07-2025

  • Business
  • Time of India

How PolicyBazaar for Business is pioneering proactive risk management for fast-growing businesses

In a comprehensive presentation, Sajja Praveen Chowdary, Director and Head of PolicyBazaar for Business, outlined the precarious relationship between risks and growth for fast-growing Indian businesses. Speaking at the Economic Times Soonicorns Summit 2024, Chowdary highlighted key risks across reputation management, regulatory compliance, legal and IT, and cyber threats. A lack of standardised protocols for risk management, limited financial resources, and a greater dependency on technology and data, making businesses more vulnerable to cyber crimes, were all noted. The pressure to innovate quickly, which can result in poor due diligence and emerging leadership, further increases these risks. One misstep and these threats could easily push startups into chaos. Enter PolicyBazaarforBusiness with its thoughtful risk mitigation ecosystem, shifting from a reactive to a proactive approach. Show more Show less

A.P. govt. pursuing proposal with Centre to set up Mango Board in Chittoor, says official
A.P. govt. pursuing proposal with Centre to set up Mango Board in Chittoor, says official

The Hindu

time06-07-2025

  • Business
  • The Hindu

A.P. govt. pursuing proposal with Centre to set up Mango Board in Chittoor, says official

The Andhra Pradesh government is pursuing the proposal to establish a Mango Board in Chittoor, aimed at supporting the mango growers and processing units as well. The proposal was submitted to the Centre in the 2026 budget, said Principal Secretary for Food Processing Chiranjeevi Chowdhary at a review meeting, here, on Saturday. Mr. Chowdary said the proposed board is envisaged to coordinate the production, processing, marketing, and export of the produce, backed by long-term institutional support to mango industry. Mr. Chowdhary said that mango processing units should procure fruits from farmers at minimum support prices (MSP), ensuring a decent income for the latter. GST exemption The State government would soon release ₹8 crore towards clearing the dues of the pulp processing units. Chief Minister N. Chandrababu Naidu has written to Union Finance Minister Nirmala Sitharaman, seeking GST exemption on mango-based processed products, he said. Collector Sumit Kumar said that 1.15 lakh tonnes of mangoes had been procured by July first week, and another 1.7 lakh tonnes were expected to be procured in the coming days. All India Food Processors Association Chairman (South Zone) Govardhan Bobby urged the officials to effect a reduction in GST on mango pulp from the existing 12% to 5%. He said steps should be taken to include mango juice in mid-day meal scheme in government schools and temples across Andhra Pradesh.

Tirupati temple trust increases its free bus fleet, plans security revamp
Tirupati temple trust increases its free bus fleet, plans security revamp

Indian Express

time20-06-2025

  • Automotive
  • Indian Express

Tirupati temple trust increases its free bus fleet, plans security revamp

As the number of pilgrims visiting Tirumala steadily climbs, the Tirumala Tirupati Devasthanams (TTD) on Thursday increased its free bus services for devotees within the temple town. The trust has also been planning to overhaul its security infrastructure, especially at the checkpoint near the Sri Venkateswara Temple. On June 15, the temple saw a peak footfall of 90,815 pilgrims, with the waiting time for darshan extending to approximately 18 hours. Flagging off a fleet of compressed natural gas (CNG) buses operated by the Andhra Pradesh State Road Transport Corporation (APSRTC), TTD Additional Executive Officer (EO) C Venkaiah Chowdary said the initiative aims to address both environmental and financial concerns. 'Devotees can travel in these buses free of cost to various destinations within Tirumala. The service has been launched to curb the high fares charged by private operators and to reduce pollution,' Chowdary said at the launch event at Ashwini Hospital Circle. Officials said that most private vehicles operating in Tirumala are diesel-run jeeps, which not only charge exorbitant fares to ferry devotees to other temples and tourist spots but also contribute significantly to pollution. The initiative has an added goal of discouraging the entry of diesel vehicles into the hill town. Until now, TTD operated a limited fleet of free CNG buses under the 'Srivari Dharma Rathas' service, running approximately 300 trips daily on designated routes. However, these did not cover all of Tirumala. The APSRTC buses will now run parallel to the existing service, with a bus available every two minutes, which is down from a wait time of eight minutes, officials said. In a separate development, TTD is preparing to revamp its security infrastructure in anticipation of a further rise in daily footfall, which is expected to cross one lakh pilgrims in the near future. TTD Executive Officer J Syamala Rao and Additional EO Chowdary held a review meeting Thursday to discuss plans to modernise the Alipiri Check Point, where all vehicles, luggage, and pilgrims are screened before proceeding up the hill. Currently, the checkpoint operates with a basic security setup. Officials said TTD now wants state-of-the-art scanning systems and faster checks to reduce congestion. RAXA Security Solutions, a GMR Group company, made a presentation on its suggestions to upgrade the checkpoint. The EO asked the firm to propose both short- and long-term solutions to accommodate increasing crowds. While a final contract is yet to be awarded, the EO has directed TTD's Vigilance Wing to begin some immediate measures. These include installing physical barriers to prevent people from bypassing the check while personnel are busy with others, and replacing the existing luggage scanners with rugged, high-capacity ones. The number of scanners will be increased, and authorities will explore the feasibility of extending the luggage conveyor belts to speed up the process. Additional security personnel will also be posted to activate two currently unused lanes at the checkpoint. Meanwhile, TTD has proposed to the Ministry of Civil Aviation that the Renigunta airport near Tirupati be renamed as Sri Venkateswara International Airport. TTD Chairman B R Naidu said that he wants the airport to 'reflect Tirumala's spiritual aesthetics'.

AP GST staff take up frequent transfers with Chief Commissioner
AP GST staff take up frequent transfers with Chief Commissioner

The Hindu

time16-06-2025

  • Business
  • The Hindu

AP GST staff take up frequent transfers with Chief Commissioner

AP GST officers and Employees Association's State Honorary President Chowdary Purushottam Naidu said on Monday that Chief Commissioner A. Babu responded positively to the association's concerns regarding the frequent transfers of staff in the department. Accompanied by APNGOs Association State President A. Vidya Sagar and General Secretary D.V. Ramana, Mr. Chowdary submitted a detailed memorandum to Mr. Babu at his office in Amaravati. They delegation highlighted that almost all officials and employees were being transferred frequently as their 'station seniority' was taken into consideration instead of their jurisdiction and responsibilities. Mr. Chowdary explained that though many officers and staff operate from the same office, they are assigned for GST collection responsibilities to far off locations. 'Mr. Babu understood the issues raised by the association and assured to bring our grievances to the notice of the higher authorities to avoid frequent transfers,' said the Association President, Allina Ramesh Kumar, Associate President, Rayi Venugopal, General Secretary, Chintala Kalyan. Women wing representative, M. Rajya Lakshmi, hoped that the government would make necessary changes for the General Transfer Guidelines-2025 in accordance to the requirements of the GST department.

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