Engineering Admission Process

Obviously yes, there's lateral entry.
50% marks in your previous academic year is the eligibility for lateral entry.

Hi Deepak,
Sai Ram Engineering College comes under Anna University counseling so the seats are not filled yet. You need to apply for counseling and if you have a good cutoff marks then you can get admission at Sai Ram Engineering College.
All the best!

See, I am not well updated on this front, but according to what I've heard, for the matter of fact no central govt. run college offers lateral entry. But in private and semi-private universities, it is still possible. For example GGSIPU offers lateral entry, but the migration is allowed only within the colleges that come under IPU.
Lateral entry is also offered by DTU, but only to Diploma holders seeking admission to 2nd year of B.Tech programme. So, you can't apply there as well as you already enrolled in B.Tech.