This is very bad to know that now money making private universities or institutions who exist for generating revenue only are free hold from AICTE norms. I think it will very badly impact our education standards and quality.
Apex court must have to think before freeing these degree sellers from AICTE norms. Huge no of private universities are already generating so much revenue by selling technical degrees. Now they will come in full swing by this judgement and advertise very smartly to lure students/public to sell more degrees. I think there is more competition in these private universities rather than well educated professionals!!!

Please be careful. If you or or your brother/sister or your any known is going into word of these sellers, please advice them. Now a days employers are enough intelligent they understand and judge your ability and qualifications. Please avoid to take admission in those institutions who don't fulfill AICTE norms until government or honorable supreme court don't give us an equal governing body. Though AICTE is going to file a review petition against this verdict.

More details has been already well written by my RTI activist friend Govind on his blog, so I am not going to rewrite all those. You can refer it - http://simplygovind.blogspot.in/2013/04/aicte-approval-is-not-required-for-mba.html

I just blogged 10 days before "Will Distance Mode Education Affect my Career" in which I mentioned that AICTE recognition is required for technical courses.