EghtesadOnline: An Indian court issued arrest warrants for Malaysian billionaire T. Ananda Krishnan and Ralph Marshall, deputy chairman at Krishnan-controlled Astro All Asia Networks Plc, in connection with an investigation into alleged phone-license corruption.

EghtesadOnline: Saudi Telecom Co. is exploring options for its indirect stake in billionaire T. Ananda Krishnan ’s Maxis Bhd., the second-largest Malaysian wireless carrier by market value, people with knowledge of the matter said.