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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
11h
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 ...
14h
on MSN
Fitch Ratings Says It May Cut Some Adani Group Bonds to Junk Status
The U.S. rating company said it will monitor the U.S. investigations closely, the outcome of which could reflect ...
The Express Tribune
23m
Fitch, Moody's downgrade outlook on Adani firms
Fitch said in a statement it had placed Adani Energy Solutions Ltd, Adani Electricity Mumbai and some of Adani Ports and ...
13h
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 ...
10h
Adani hit by downgrades as projects under review in India, Sri Lanka
Adani Group's troubles deepened as two more credit rating agencies cut their outlook for the Indian conglomerate.
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.
18h
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 ...
The Herald-Zimbabwe
11m
SBI follows Nomura in Adani disclosure
SBI Holdings has joined Nomura Holdings and other Japanese financial firms in releasing details of their mutual funds’ ...
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 ...
1d
on MSN
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 ...
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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