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TotalEnergies pauses investments in India's Adani Group
TotalEnergies suspends Adani Green investment, awaiting clarity on bribery case, says CEO
By Ron Bousso and Marwa Rashad LONDON - TotalEnergies will pause investment in its Adani Green energy project until there is further clarity on a U.S. bribery case against Indian billionaire Gautam Adani,
TotalEnergies Pauses Business With Adani, Says It Was Not Aware of US Investigation
PARIS (Reuters) - French oil major TotalEnergies SE was not informed of a U.S. investigation into possible bribery and corruption at Adani Green Energy Limited, it said on Monday, adding it will stop financial contributions to its Adani Group investments following last week's indictment.
TotalEnergies says halting new investment in India's Adani
French energy giant TotalEnergies said Monday it was halting new investment linked to Indian conglomerate Adani, after the indictment of its billionaire founder on US bribery charges, an announcement
Major fallout for Adani Group
Adani's 'renewable energy marvel' trapped in US bribery indictment
The crown jewel of Gautam Adani's company is an energy park in western Gujarat state planned to be five times the size of Paris on completion.
Live Q&A: How Adani's Indictment Rocked His Empire, Indian Markets — and What’s Next
Bloomberg reporters take your questions on what's next for Adani after US charges over an alleged $250 million bribe
Major fallout for Adani Group after US bribery indictment
Following U.S. bribery charges against Gautam Adani, several nations and investors have paused or scrapped deals with the Adani Group. TotalEnergies halted investments, and the U.S. International Development Finance Corp is reviewing a $550 million Sri Lanka port project.
Modi's Party Distances Itself From India's Adani
Modi's party distances itself from India's Adani amid opposition protests
Indian Prime Minister Narendra Modi's party said it had no reason to defend billionaire Gautam Adani on Tuesday following his U.S. indictment over alleged bribery to secure power deals in India. The m
India’s opposition protests against Gautam Adani as billionaire faces US bribery and fraud charges
Adani, 62, one of Asia’s richest men, was thrust into the spotlight last week when U.S. prosecutors in New York charged him and seven of his associates with securities fraud.
India’s opposition protests against billionaire facing US bribery and fraud charges
Hundreds of supporters of India’s main opposition party have protested against billionaire Gautam Adani, who was recently indicted in the U.S. for alleged fraud and bribery, and accused the government of protecting the Indian coal magnate whose companies’ shares
12h
Adani Wilmar Said to Defer Stake Sale Amid US Bribery Charges
Adani Enterprises Ltd. and Wilmar International Ltd. are said to delay a proposed sale of at least 12% in their Indian food ...
13h
Fitch puts some Adani bonds on negative watch as Sri Lanka weighs accusations
Ratings on four Adani subsidiary senior unsecured dollar bonds were downgraded from stable to negative, the agency said.
India West
4h
Adani Bribery Fallout: Cancellations and Dropped Investments
Internationally, the crisis has led to significant setbacks for Adani’s global operations. Kenyan President William Ruto ...
17h
Fitch Warns Adani Ports’ Dollar Bonds May Be Cut to Junk
Dollar bonds of Adani Group’s ports business may be cut to speculative grade after US prosecutors brought charges of alleged ...
devdiscourse
8h
Adani Group's Financial Turmoil Deepens Amidst Bribery Allegations
Adani Group, led by billionaire Gautam Adani, faces increased scrutiny as U.S. bribery allegations lead to credit downgrades.
The Express Tribune
44m
Fall of Adani
The meteoric rise of Gautam Adani has become emblematic of a broader issue plaguing India's economic landscape: crony capitalism. The depth of Adani's pockets has coincided with Indian PM Narendra ...
19h
on MSN
Fitch Places Some Adani Bonds on Negative Watch After US Bribery Charges
Adani Energy Solutions Ltd, Adani Electricity Mumbai and some of Adani Ports and Special Economic Zone rupee and dollar bonds ...
15h
on MSN
Adani Group's troubles keep growing as financial and legal headwinds get stronger
In another blow to the conglomerate, French energy giant TotalEnergies, on Monday suspended new investments linked to Adani ...
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