In a landmark verdict, The Supreme Court has ruled that the AICTE has no authority to approve or provide sanction to colleges offering MBA programmes. It further said that colleges are not required to take the approval of AICTE to run its MBA courses.
The news reports is also available online at:
TOI, Page 9, 29th April 2012: MBA and MCA- not under AICTE. ePaper Lite - Times of India Publications