India In-Focus — Xiaomi India appoints new general manager; tech firms criticize Indian cybersecurity rules
MUMBAI: A bout of late selling in automakers and banks knocked India’s blue-chip stock indexes off four-week highs and into negative territory on Friday, although strength in information technology shares and Reliance Industries helped limit the decline.
The NSE Nifty 50 index closed 0.26 percent lower at 16,584.3, while the S&P…