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Manoranjan Mishra, a chief general manager at the department of non-banking regulation at RBI, said there is a growing interest in the asset reconstruction companies (ARCs) and the central bank has received several applications for setting up new ARCs. “For ARCs, sponsors have to be ‘fit and proper’. The criterion for fit and proper is something that we are working on and we’ll come out with some regulations around it. It will be more formalization of what we already have,” Mishra said at an NBCF meet organized by industry lobby IMC.",As Chennai received light to moderate rainfall since Sunday, traffic congestion was reported from a few areas in the city and its suburbs Monday. On the outskirts of Chennai, in Tambaram-Perungalathur, a beeline of vehicles was seen.",To achieve a higher resolution display, Apple will apparently reduce the size of bezels and make the screen a bit taller than the one seen on its predecessor. The Apple Watch Series 4 will also feature a higher PPI, which also contributes to the higher resolution.",Dell will be one of the first PC makers to announce Qualcomm X Elite-powered PCs in the second half of 2024. Months ahead of the official launch, the upcoming PCs from Dell have surfaced online, giving us a hint at what to expect from Dell’s first set of ARM-based PCs. Windows Report has gained access to the product images of the upcoming devices, which include the Inspiron 14 7441 Plus, XPS 13 9345, and more.",Facebook,the social networking site,is probably not the first place that comes to mind when contemplating new career opportunities.",In a pre-budget representation, the All-India Bank Employees Association said, “to facilitate loan recoveries, laws should be enacted/amended to confiscate personal assets of the directors in case of default by a company.”",Facebook has introduced new personalised greetings, Diwali-ready Avatars and more to help users celebrate Diwali with their friends and family.",Senegal defender Kalidou Koulibaly is joining Al-Hilal from Premier League side Chelsea, the Saudi Arabian club announced on Sunday.",Actor Robert Downey Jr has been semi-retired after starring in his final Marvel movie, Avengers: Endgame, in 2019. After that, he attempted to launch a new franchise for himself with Dolittle, but the movie ended up bombing, and pushed RDJ further away from acting. In a new interview, he spoke about his years playing around in the Marvel Cinematic Universe sandbox, and admitted that working on those movies made him worried about losing his acting skills.",As per the draft papers, the IPO comprises fresh issuance of equity shares worth Rs 370 crore and an offer-for-sale of shares aggregating to Rs 370 crore by promoter Inox Wind.",Showstopper for the ace designer was Aditi Rao Hydari who, as expected, exuded inimitable grace and royal as she sashayed down the runway in an exquisite ensemble designer by Kumar. “A tale of textile magic ensues, unfolding with the splendour of Kashmiri embroidery,” the designer wrote, describing Aditi’s look.",The Business Advisory Committee (BAC) during its meeting on Friday decided that the Monsoon session of the Maharashtra legislature will be held in Mumbai from June 27 to July 13, 2024.".