TotalEnergies pauses business with Adani

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.
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.
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.
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.
TotalEnergies pledges no new investments in Adani Group following U.S. indictment
TotalEnergies (NYSE:TTE) said Monday 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 Adani executives over an alleged bribery scheme.
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).
TotalEnergies suspends further investment in Adani Green Energy
According to the charge, FBI investigators served Sagar Adani with a search warrant and a grand jury subpoena in March 2023.
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 individuals have been clarified, it will not make any new financial contribution
TotalEnergies pauses investments in India's Adani Group after bribery charges
SINGAPORE/SYDNEY, Nov 25 (Reuters) - Adani dollar bond prices fell to almost one-year lows on Monday as investors cut their exposure to the Indian conglomerate in the wake of bribery and fraud allegations from U.S. authorities.
Adani Green Stands Firm Amid TotalEnergies Investment Halt
Adani Green Energy addressed concerns after TotalEnergies paused new investments following bribery charges against Adani Group's chairman. The company claims no financial impact from the halt. Adani Green shares dropped significantly,
No new financial commitment under discussion with TotalEnergies: Adani Green Energy
Adani Green Energy on Tuesday said they have no new financial commitment under discussion with the French oil major TotalEnergies.
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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, ...
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Adani Green issues clarification on TotalEnergies’ statement; says no material impact on growth plan
Adani Green Energy (AGEL) on Tuesday issued an official clarification in connection with TotalEnergies’ statement on its ...