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Adani Group, Fitch

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 significantly weaker corporate governance practices at the Indian conglomerate.

Crude Oil Prices · 2h

Fitch Prepares to Downgrade Adani Bonds Amid Bribery Scandal

Adani Group faces a potential debt downgrade after US bribery charges led to canceled deals and investor distrust.

Reuters on MSN · 1d

Indian parliament disrupted over Adani bribery allegations, bonds slide to year low

By Tom Westbrook, Yantoultra Ngui and YP Rajesh SINGAPORE/NEW DELHI (Reuters) -India's parliament was suspended on Monday after opposition lawmakers disrupted it demanding a discussion over bribery allegations against the Adani Group and Adani dollar bond prices fell to almost one-year lows as investors and lenders weighed the case.

India's Andhra Pradesh Mulls Next Steps on Adani

Reuters · 1h

Exclusive: India's Andhra Pradesh state likely to suspend Adani power deal, sources say

India's Andhra Pradesh state is likely to put its power purchase deal linked to Adani Group 'in abeyance citing the U.S. indictment' of the group's billionaire founder Gautam Adani in an alleged bribery scheme,

U.S. News & World Report · 16h

India's Andhra Pradesh Mulls Next Steps on Adani, if Power Deal Can Be Scrapped

India's Andhra Pradesh state is reviewing government files and will explore if it is possible to cancel a power supply contract linked to the Adani Group, whose billionaire founder has been indicted in the United States,

Hindustan Times on MSN · 3h

Andhra Pradesh reviews possibility of scrapping Adani power deal: Report

US authorities have charged Gautam Adani and seven others for allegedly paying $265M in bribes to Indian officials to secure solar power contracts in 2021-2022.

TotalEnergies pauses funding for Adani Group

Bloomberg L.P. · 3h

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 venture after a US bribery indictment against the billionaire-founder Gautam Adani,

Reuters on MSN · 22h

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.

Seeking Alpha · 19h

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.

Adani, TotalEnergies

GlobalData on MSN · 19h

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).

Reuters on MSN · 6h

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 French oil major said it was pausing new investments into the Adani Group over U.

MarketWatch · 1d

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.

India.com on MSN13m

Trouble mounts for Gautam Adani as Moody’s downgrades ratings of 7 companies to…, stocks witness heavy…

New challenges continue to mount for Gautam Adani’s Adani Group as it faces turbulent times. Last week, a United States ...

1hon MSN

Moody's cuts outlook on seven Adani entities to 'negative'

Ratings agency Moody's said on Tuesday that it had cut the outlook on the ratings of seven Adani entities to 'negative' from ...

2hon MSN

Japan’s SBI Follows Nomura in Disclosing Adani Funds Exposure

SBI Holdings Inc. has joined Nomura Holdings Inc. and other Japanese financial firms in releasing details of their mutual ...

46m

After Fitch, Moody’s also switches outlook on Adani group firms to ‘negative’

Moody's and Fitch downgrade Adani Group companies due to governance risks and legal issues, impacting ratings and outlooks.

ThePrint26m

Indian shares end lower, pulled down by Adani firms on implications of US indictment

By Bharath Rajeswaran (Reuters) -Indian shares inched lower on Tuesday, weighed down by Adani Group stocks' on worries about ...

11h

Adani Shares Drew Retail Investors Just Before US Probe Pullback

India’s retail investors increased their holdings in the Adani Group prior to the shock bribery charges by US authorities ...

20h

India’s Adani Group Mess Is Terribly Timed For Modi’s Economy

News that Indian billionaire Gautam Adani’s empire faces U.S. fraud charges could not be timed worse for Indian Prime ...

Khaleej Times1h

Sri Lanka opens investigation into Adani projects after US charges

Billionaire Indian industrialist Gautam Adani was charged on November 19, accused of paying bribes and hiding payments from ...

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Adani Group, Fitch

India's Andhra Pradesh Mulls Next Steps on Adani

TotalEnergies pauses funding for Adani Group

Adani, TotalEnergies

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