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Adani Group, TotalEnergies
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.
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 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).
Factbox-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 indicted its billionaire chairman Gautam Adani for alleged bribery and fraud to win contracts for a group company,
Live Q&A: How Adani's Indictment Rocked His Empire, Indian Markets — and What’s Next
Bloomberg reporters take your questions on what's next for Adani after US charges over an alleged $250 million bribe
Major fallout for Adani Group after US bribery indictment
Following U.S. bribery charges against Gautam Adani, several nations and investors have paused or scrapped deals with the Adani Group. TotalEnergies halted investments, and the U.S. International Development Finance Corp is reviewing a $550 million Sri Lanka port project.
13h
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 ...
8h
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 ...
8h
Adani Green says no fresh financial commitment with TotalEnergies
On Monday, French energy major TotalEnergies said until such time as the bribery accusations against the Adani group ...
1d
on MSN
Adani Green plunges 11% after TotalEnergies says it will make no new financial contribution to Adani Group investments
Shares of Adani Green Energy plunged 11.3% on Monday after TotalEnergies SE said it would not make any new financial ...
Domain-b
18h
US allegations force TotalEnergies to defer investments in Adani Group
In signs that the US Justice Department’s accusation of corruption by the
Adani
Group has its intended impact elsewhere, ...
Upstream
13h
TotalEnergies to pause any new ‘financial contribution’ to Adani Group investments
TotalEnergies' decision to halt further investments in Adani Group companies follows billionaire Gautam Adani’s recent ...
devdiscourse
13h
Adani Green Stands Firm Amid TotalEnergies Investment Halt
Adani Green Energy addressed concerns after TotalEnergies paused new investments following bribery charges against Adani ...
13h
on MSN
Adani Green Energy says no new financial commitment under discussion with TotalEnergies
Adani Green Energy said on Tuesday there is no new financial commitment under discussion with TotalEnergies, a day after the ...
31m
DNA TV Show: More trouble for Gautam Adani, Moody's cuts outlook on Adani firms to negative
Moreover, France's giant energy company and Adani Group's investor TotalEnergies will no longer make any new investments in ...
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