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.
The crown jewel of Gautam Adani's company is an energy park in western Gujarat state planned to be five times the size of ...
The U.S. rating company said it will monitor the U.S. investigations closely, the outcome of which could reflect ...
Fitch said in a statement it had placed Adani Energy Solutions Ltd, Adani Electricity Mumbai and some of Adani Ports and ...
Adani Group's troubles deepened as two more credit rating agencies cut their outlook for the Indian conglomerate.
Dollar bonds of Adani Group’s ports business may be cut to speculative grade after US prosecutors brought charges of alleged ...
Adani Group, led by billionaire Gautam Adani, faces increased scrutiny as U.S. bribery allegations lead to credit downgrades.
Adani Energy Solutions Ltd, Adani Electricity Mumbai and some of Adani Ports and Special Economic Zone rupee and dollar bonds ...
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Adani, 62, one of Asia’s richest men, was thrust into the spotlight last week when U.S. prosecutors in New York charged him ...
Adani Group is staring at trouble on several fronts as investors and partners rethink ties with the Indian conglomerate in ...
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