Top headlines: Ambani is richest Asian again, PMI rises to 11- year high

Mukesh Ambani on Friday regained his spot as Asia's richest man, surpassing his rival Gautam Adani, as a report said that the difference between the two billionaires was 'just $1 billion

Xiaomi India appoints British national Alvin Tse to lead operations amid govt scrutiny over business practices. Singapore's competition commission on Friday said it has raised concerns with the Tata Group over its acquisition of Air India. Here are the top headlines at this hour.

Xiaomi names new head for India unit after dispute over business practices

The Indian unit of Chinese smartphone maker Xiaomi Corp said on Friday it has appointed founding member Alvin Tse as its general manager, a change of guard as the company faces government scrutiny over its business practices. Tse, a British national who was