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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.",Another 50 unauthorised industrial sheds too have been sealed. ",Malayalam serial actor Priya, who was eight months pregnant, died a day ago at a private hospital here following a cardiac arrest, one of her colleagues said on Wednesday.",Angry over a woman stopping her communication with him, a 27-year-old man opened fire at her sister at their residence in Ganj Peth in the early hours of Sunday.",When viewed sequentially, the operating profit margin for the December quarter expanded by 1.80 per cent over the preceding September quarter, Icra Ratings said, attributing the same to the easing in input costs and also price hikes by many companies.",Forex traders said risk aversion in international markets and sustained foreign fund outflows weighed on investor sentiments, even as weak crude oil prices cushioned the downside.",At least five people are feared to have drowned in the Krishna river after their coracle overturned while trying to escape from police in Karnataka. Rescue teams have retrieved three dead bodies so far.",Apple OS X Yosemite, the latest release of the Mac desktop operating system, is available as a free upgrade for Mac users from the Mac App Store from today.",While arguing her bail plea in the Enforcement Directorate (ED) and Central Bureau of Investigation (CBI) probes into the Delhi excise policy case, Bharat Rashtra Samithi (BRS) legislator K Kavitha told the Delhi High Court on Friday that even though women do not have an automatic right of bail under the law, they do have a “better right of consideration” for bail.",The HC refused his bail for a second time after having done so in October last year as well.",At , players can enjoy special promotions for major events, such as the World Cup or Olympics, enhancing the sports betting experience.⚡,The arrest of firebrand right-wing activist Chaitra Kundapura and her associates by the Bengaluru police for allegedly cheating a businessman of Rs 4 crore by promising to deliver a BJP ticket to contest the Assembly polls in May this year is the latest in a series of scams in Karnataka where people have been conned with big promises by people claiming to have high links in the BJP.".