The loss-making African operation of Bharti Airtel is expected to dent near-term earnings of India’s biggest mobile operator.

Indian police arrested the former chief organiser of the Delhi Commonwealth Games on Monday as part of a crackdown on corruption.

Vodafone will buy out Indian partner Essar in a $5-billion deal that ratchets up its exposure to a mobile market that has proved challenging.

Bharti Airtel looks set to wrap up its $9-billion deal to buy most of Kuwaiti telecom group Zain’s African assets.

Bharti Airtel said it had tied up the entire financing requirement of $8,3-billion for its planned buy of Kuwaiti telecom Zain’s African assets.

Bharti Airtel said $9-billion was not a high price for Kuwaiti telecom Zain’s African assets given the growth opportunities.

India’s Bharti Airtel launched its third attempt to gain a foothold in Africa, entering $10,7-billion talks to buy most of telecom Zain’s assets.