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TotalEnergies pauses business with Adani
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 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 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 indictment in a New York federal court concerning an alleged multibillion-dollar
Adani, Sri Lanka
US Agency Still Reviewing Funding Adani’s Sri Lanka Project
Sign up here.A US agency that agreed to lend more than $500 million to an Adani Group-backed port development in Sri Lanka said it’s still conducting due diligence on the project, following bribery allegations against the conglomerate’s billionaire founder and other top executives.
US development agency 'assessing ramifications' on Adani's Sri Lanka project
A U.S. agency said on Sunday that it is reviewing the impact of Department of Justice bribery allegations against the founder of India's Adani Group on the agency's prior agreement to lend more than $550 million to a Sri Lankan port development backed by the group.
US Agency Conducting Due Diligence on Adani's Sri Lanka Project, Bloomberg Reports
A U.S. agency that agreed to lend more than $500 million to a Sri Lanka port development backed by the Adani Group said it is still conducting due diligence on the project in the wake of bribery allegations against the group's billionaire founder Gautam Adani and other top executives,
16m
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 ...
Fortune India
32m
Fitch puts few Adani Group bonds on 'negative' watch; shares dip up to 6%
Fitch says the ratings reflect "increased corporate governance risk and potential contagion risk" that could affect the ...
15h
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 ...
1h
Fitch revises outlook on 4 Adani group firms to 'Negative' amid indictment
On November 20, 2024, three AGEL board members were indicted by US authorities for alleged bribery and for providing false ...
GlobalData on MSN
19h
Adani Group faces human rights complaint in Australian coal unit
The complaint alleges Adani staff blocked Aboriginal group access to springs near Queensland's Carmichael coal mine.
1h
Adani Group Shares In Focus As GQG Partners Refuses To Sell Adani Shares Stating Long-Term Confidence
All 10 Adani Group stocks opened in the red during early trading hours on Tuesday, November 26, extending losses amid market ...
2h
Fitch takes negative rating actions on Adani Group entities and securities
Fitch Ratings places Adani Group companies on negative watch due to bribery charges, outlook revised to negative.
2h
Will Andhra govt pull the plug on Adani power contract? State FM says 'digging into all files'
The US indictment alleges that Adani and seven others paid $265 million in bribes to Indian officials between 2021 and 2022 ...
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