The April listing of vaccine maker Beijing Wantai Biological Pharmacy Enterprise Co pushed Zhong's net worth to $20 billion by early August.

News of the potential deal eased some fears on Monday that the traditional cable TV bundle, long a profit-engine for media companies, could be nearing its end, sending shares up across the board. The dispute has rocked the sector in recent weeks, with some analysts saying it could determine the future of television in the streaming era.

Mahadev app scam case: Shraddha Kapoor is accused of promoting the illegal app and the financial probe agency suspects that the payments she received were proceeds of crime.

The association representing London black cab drivers said a judge's decision to restore Uber's operating licence on Monday was a "disaster" for the British capital.