Turbo Megha is the latest all-Hyderabad start-up that will soon be taking off from the region — very slowly and carefully though. Vankayalapati Umeshand Southern movie actor Chiranjeevi’s son Ram Charan are directors of Turbo Megha Airways Pvt. Ltd, which is expected to start operations from Hyderabad. Turbo Aviation Pvt. Ltd, an associate company, has two Cessna Citation aircraft and is based out of Hyderabad. It also has provided ground-handling services to domestic airlines such as Air Deccan, Air Sahara, Jet Airways (India) Ltd, Kingfisher Airlines Ltd and Go Airlines Pvt. Ltd, among others.
“Yes, Ram Charan and I have been in talks about the airline for some time now,” says Vankayalapati Umesh, Managing Director and Charan’s partner in the business. “We are bringing out the airline in a phased manner and will be sticking to leased aircrafts for the time being — Bombardier Q400s and ATRs. Later, we’ll think about flying our own aircraft,” adds Umesh.
The business is also all Hyderabadi “Ram Charan was very keen on the venture and he’s made a small investment. The others involved in the project are also from the city. We thought of keeping it tight and there’s still so much work left before the final take-off,” says Vankayalapati Umesh.
Representatives from the airline are also tight-lipped about the budget and the investment that has gone in. Ram Charan’s interests could also perhaps make him the only actor in India invested in an airline business.
“We’re not going very public with the details. It’s definitely a dream project and like I said, in aviation... you have to be careful. If done right, it can be a very successfully venture and we are making sure every step we take, is measured and correct,” concludes Umesh.
Bhuvan Potluri, who recently completed his junior season with the UC Irvine men's golf team, was named a 2014 Cleveland Golf/Srixon All-America Scholar.
Potluri had a 75.20 stroke average for the Anteaters this past season with a top finish of 11th in the Anteater Invitational. He placed 39th at the Big West Championship.
Potluri is majoring in business information management at UCI.
He is a two-time UCI Scholar-Athlete and was a member of the Big West Academic All-Conference team for spring sports this past year.
To be eligible for All-America Scholar status, an individual must be a junior or senior academically, compete in at least three full years at the collegiate level, participate in half of his team's competitive rounds, have a stroke-average better than 76 and maintain a minimum cumulative grade-point average of 3.2. A recipient must also be of high moral character and be in good standing at his college or university.
Indian Revenue Service officer Kosaraju Veeraiah Chowdary has been appointed as chairman of the Central Board of Direct Taxes (CBDT), the top body of the income tax department. Chowdary, a 1978-batch officer, on Friday took charge at his North block office in the finance ministry. He will have a tenure of only three months. His name was cleared by the Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi. He is the son-in-law of Late.Pinnamaneni KoteswaraRao former ZP Chairman , Krishna District. He has earlier served as the Director General of I-T (Investigations) in the national capital where he headed a number of high-profile tax probes, including the 2G spectrum allocation case and the HSBC Geneva taxpayers list along with a number of cases dealing with black money and tax evasion.