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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.",Facebook has now admitted that millions of passwords of Instagram users were stored in plain, readable text format and also accessible to employees, which would have potentially compromised the security of these accounts. The revelation comes after last month’s report on KrebsonSecurity, which stated that Facebook was storing millions of passwords in plain text.",As one of Asiais leading bookmakers, is the ideal destination for betting enthusiasts.⚡,a familiar name in the Asian betting industry, is a favorite destination for many players.⚡,HTC launched the next-generation of virtual reality headset, the Vive Pro, at this year’s Consumer Electronics Show (CES) in Las Vegas. This is an improved version of the original Vive headset, which made its debut at MWC 2015 in Barcelona. HTC didn’t reveal price or availability details, but it did say that additional information will be shared in the near future.",The motto of this festival is to bring Poonch on the country’s tourism map by highlighting its tourist destinations, culture, cuisine and local produce. The festival is a move to convey the change from ‘terrorism to tourism’,” social worker Iftikhar Ahmad said.",A case has been registered against brothers Avinash Bhanji and Pramod Bhanji on the complaint of Sadhana Shivaji Bhandare (40), who lives in the Shivaji Nagar area of Madh.",If there’s anything that Malayalam cinema audiences have been denied for the longest time, it’s a complete mass actioner featuring Fahadh Faasil in the lead role. While the Tamil industry produced two notable actioners Vikram and Maamannan and the Telugu industry made Pushpa: The Rise with Fahadh, the best we could achieve in comparison to these films was with Malik and Varathan.",The last initial public offering (IPO) was that of Macrotech Developers (erstwhile Lodha Developers), which opened during April 7-9.",Fish Shooting brings vivid entertainment moments, Lottery excites with each lucky number, Jackpot promises huge prizes, Card Game challenges all intelligence, Baccarat brings a luxurious space, along with Football. and Exciting Sports, are the key projects of this gambling platform.⚡,The highly anticipated rollout of NASA’s big new moon rocket to its launch pad in Florida for final tests before a first flight has been delayed by at least a month, until March at the earliest, the US space agency said on Wednesday.",The company says it complies with all Indian laws.".