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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.",Google has announced its next generation of Jump camera for virtual reality (VR) in partnership with Xiaomi-backed Yi Technology. The Yi Halo has 17 4K resolution camera units inside, which also includes a camera that is placed up in order to capture what Google calls “immersive scenes that transport viewers.”",A triumphant Novak Djokovic paraded the Australian Open trophy around the gardens of Melbourne’s Government House on Monday, his 10th title having added another notch in the plus column for those who argue he is the Greatest Of All Time (GOAT).",OnePlus already confirmed that the company has been developing a smartwatch. OnePlus CEO Pete Lau recently spoke about the company’s plans to release a watch in early 2021. He also confirmed that OnePlus was working closely with Google to improve its smartwatch OS. But it does not look like the OnePlus Watch will run WearOS from Google, and will likely have OnePlus’ proprietary software.",The SGX Group aims to disclose trading positions on commodities including iron ore, rubber and freight on a weekly basis beginning in the third quarter to bolster transparency as more traders from outside Asia participate in the market.",On this gambling platform, Fish Shooting takes you into the magical deep sea world, Card Game challenges every decision, Lottery with endless winning opportunities, Baccarat brings a classy space, Jackpot promises jackpot big, and Football and Sports stimulate passion, each game brings a new and exciting feeling.⚡,Firouzja was staring down the barrel at one stage but as GM David Howell pointed out on Chess dot com’s live broadcast, he found 20 consecutive top moves (moves that the engine suggests are the best moves), including a few “only” moves, just after crossing the time control where his time had withered down to just a minute with 10 seconds being added with each move. Thanks to his resolute defending in the classical game, Firouzja held on for a draw.",Fitbit OS 4.1 will have a new smart wake feature, which is a silent on-device alarm that the user can set to wake them up with subtle vibrations. Users will get their nightly Sleep Score on the device, giving them a quick recap of the quality of the night’s sleep, along with other sleep stats and data.",The latest offering from an Israeli company called Sightful––a laptop that comes with an Augmented Reality (AR) glass instead of a screen––is making rounds on the Internet.",Paris Saint-Germain defender Achraf Hakimi has been indicted on rape charges, French prosecutors said Friday.",The very definition of haute couture, Chanel has time and again shaken conventional ideas when it comes to presenting its collection on the runway. Making seasons and ensembles its muse, the fashion house invests in innovation and grandeur. From incorporating giant icebergs to a doll house, every runway has been an expression of art. Throughout the years, Chanel has continued to take it up a notch with its over-the-top fashion shows at Paris’ Grand Palais.",The Indian arm of the Swiss food giant Nestle reported a net profit of 9.34 billion rupees (2.03 million) for the three months ended March 31, compared with 7.37 billion rupees a year earlier.".