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.
Adani Bribery Fallout: Cancellations and Dropped Investments
Internationally, the crisis has led to significant setbacks for Adani’s global operations. Kenyan President William Ruto recently canceled a procurement process that was set to award control of Kenya’s main airport to Adani, while a committee in Bangladesh has called for a thorough legal review of Adani’s power generation contracts in the country.
India's Andhra Pradesh Mulls Next Steps on Adani
Adani Group's troubles deepened on Tuesday as two more credit rating agencies cut their outlook for the Indian conglomerate, ...
The U.S. rating company said it will monitor the U.S. investigations closely, the outcome of which could reflect ...
Adani Group, led by billionaire Gautam Adani, faces increased scrutiny as U.S. bribery allegations lead to credit downgrades.
The crown jewel of Gautam Adani's company is an energy park in western Gujarat state planned to be five times the size of ...
Dollar bonds of Adani Group’s ports business may be cut to speculative grade after US prosecutors brought charges of alleged ...
French energy conglomerate TotalEnergies announced on Monday that it would halt further investments in Adani Group companies ...
Ratings on four Adani subsidiary senior unsecured dollar bonds were downgraded from stable to negative, the agency said.
U.S. DFC delays $553 million loan to Adani-controlled Colombo Port project amid corruption allegations and investigations.
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