March 2, 6 pm news update: From Jat quota protest, Taj Hotel auction, to CEA on Air India’s ‘existence’, here are the top news of the hour

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New Delhi | March 2, 2017 5:47 PM

After police stopped the march towards Parliament, Jat leaders end protest, however warning to stage a bigger protest. Jat leader Yashpal Malik said that the movement will continue till their demands are met.

After police stopped the march towards Parliament, Jat leaders end protest, however warning to stage a bigger protest. (Reuters)

Debt laden Air India up for sale? CEA Arvind Subramanian wonders whether it should ‘exist at all’

Air India’s performance has improved with competition posed by private players, Chief Economic Advisor said today, but wondered whether the state-owned airline should “exist at all”. The national carrier, staying afloat on a Rs 30,000-crore bailout package from the central government, is working on ways to improve its financial position. In the last fiscal ended March 2016, the airline had posted an operational profit of Rs 105 crore.
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Taj Hotel to be finally auctioned after 6 years of court cases, announces Delhi CM Arvind Kejriwal

Delhi Chief Minister Arvind Kejriwal on Thursday announced the New Delhi Municipal Council’s (NDMC) long pending decision to auction the iconic Taj Mansingh hotel and cancel the license of the Le Meridien. Kejriwal, who is also a member of the NDMC went on Twitter to announce the auction after a special meeting of the top body of the NDMC.
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Jat quota stir Live Updates: Jat leaders end march, warn to stage bigger protest

After police stopped the march towards Parliament, Jat leaders end protest, however warning to stage a bigger protest. Jat leader Yashpal Malik said that the movement will continue till their demands are met.
Read more..

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