With the rank you're mentioning you can check out these colleges accepting TSICET scores for MBA under JNTU 

• Sridevi Women's Engineering college 
• Vardhaman college of Engineering 
• Guru Nanak Institute of Technology 
• Swami Vivekananda Institute of Technology 
• Netaji School of Management 
• Malla Reddy Institute of Engineering and Technology 
• Sri Nidhi Institute of Science and Technology 
• Narsimha Reddy Engineering college 

Good luck