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TotalEnergies pauses business with Adani
TotalEnergies Pauses Investing in Adani as US Probes Execs over Bribery
TotalEnergies said it will not make any new investment in Adani until bribery charges in the U.S. against some executives of the Indian diversified conglomerate are settled.
TotalEnergies pauses business with Adani, says it was not aware of US investigation
TotalEnergies SE said on Monday that it will not make any new financial contribution as part of its investments into the Adani group of companies amid a U.S. federal indictment against the head of the company and his nephew.
Gautam Adani's group REACTS to TotalEnergies' decision pausing new investments, says 'will not have any...'
TotalEnergies is one of the biggest foreign investors in Adani's business empire and had previously taken stakes in the group's renewable energy venture.
TotalEnergies pauses business with Adani, whistleblower Nelson Amenya says, ‘When it rains, it pours…’
French oil major TotalEnergies SE said was unaware of a U.S. investigation into bribery allegations against Adani Green Energy and that it will halt financial contributions to Adani Group until the accusations are clarified.
TotalEnergies halts new financial contributions to Adani Group
French-based TotalEnergies has announced a suspension of new financial contributions to the Adani Group of companies following the indictment of certain Adani Group’s executives by US authorities. The indictment is linked to an alleged corruption scheme associated with Adani Green Energy Limited (AGEL).
Adani Group: No Impact from TotalEnergies' Decision, Funding Talks Not On
Adani Group says TotalEnergies' decision to pause investments won't impact operations, as no new funding was under discussion. The French energy giant cited a US corruption investigation against Adani.
No material impact of TotalEnergies' decision as no funding talks were on: Adani Group
TotalEnergies is one of the biggest foreign investors in Adani's business empire and had previously taken stakes in the group's renewable energy venture AGEL and city gas unit Adani Total Gas Ltd
Adani Green Energy Says No New Financial Commitment Under Discussion With TotalEnergies
(Reuters) - Adani Green Energy said on Tuesday there is no new financial commitment under discussion with TotalEnergies, a day after the French oil major said it was pausing new investments into the Adani Group.
TotalEnergies pauses funding for Adani Group after bribery charges
French oil major TotalEnergies halted on Monday investments into Adani Group, after the Indian ports-to-power conglomerate was engulfed in a crisis over an alleged multi-million-dollar bribery scheme.
TotalEnergies' Statement on its Investments Related to Adani Group in India
Until such time when the accusations against the Adani group individuals and their consequences have been clarified, TotalEnergies will not make any new financial contribution as part of its investments in the Adani group of companies.
TotalEnergies pledges no new investments in Adani Group following U.S. indictment
TotalEnergies said it will not make any new investments in companies connected to India's Adani Group after the U.S. indicted founder Gautam Adani and other executives.
7h
on MSN
Adani Green Energy says no talks on new financial commitment with TotalEnergies
Adani Green Energy said on Tuesday there is no new financial commitment under discussion with TotalEnergies, a day after the ...
6h
on MSN
Adani Group's troubles keep growing as financial and legal headwinds get stronger
Adani Group is facing fallouts on several fronts as investors and partners rethink ties with the Indian conglomerate in the ...
devdiscourse
7m
Adani Group Stocks Take a Hit Amid Corruption Allegations
Shares of Adani Group companies declined on Tuesday, with Adani Green Energy experiencing a 7% drop. The decline followed ...
6h
Major fallout for India's Adani Group after U.S. bribery indictment
Some nations and investors have either scrapped deals or halted investments in the Adani Group, after the United States ...
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