From Quota Bill, CBI vs CBI to Ayodhya dispute, here're top 10 headlines

From Quota Bill, CBI vs CBI to Ayodhya dispute, here’re top 10 headlines Here are the top 10 stories that made news on Tuesday

Current Affairs : Lenders want Goyal to quit Jet’s board; SBI gets ready to pick up stake As lenders, led by State Bank of India, are firming up a way ahead for ailing private carrier Jet Airways, the future role of promoter Naresh Goyal, his stake in the airline and the composition of the board could steer the direction of talks between the two sides, sources in the banking industry said.

While bankers met top executives of Jet on Tuesday to discuss the financial state of the airline and how loans of over Rs 8,000 crore could be recast, it is learnt that SBI could possibly consider converting its debt to equity in the Goyal-led company. Read on…

10% quota to cover pvt educational institutions too; Lok Sabha passes Bill The Lok Sabha on Tuesday passed a Constitution amendment Bill that seeks to provide 10 per cent quota in jobs and educational institutions, including private-run higher educational institutions, to economically weaker sections from the general category. Terming the measure a “poll gimmick”, Opposition parties said it was unlikely to pass judicial scrutiny and cautioned that the government breaching the Supreme Court-mandated 50 per cent cap on quotas would open a Pandora’s Box. Click here to read.

SC brings Verma back as CBI chief, but minus decision making powers for now The Supreme Court on Tuesday reinstated Alok Verma as director of the Central Bureau of Investigation (CBI), observing that it was necessary the agency’s chief “should be the role model of independence and integrity, which can only be…read more

→News Source:BS/Business Standard←