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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 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.
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 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.
France’s TotalEnergies Pauses Business With Adani
French oil major TotalEnergies SE TTEF.PA was not informed of a US investigation into possible bribery and corruption at Adani Green Energy Limited, it said on Monday, adding it will stop financial contributions to investments with Adani Group companies following last week's US federal indictment.
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 ...
devdiscourse
1m
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
on MSN
Adani Group's troubles keep growing as financial and legal headwinds get stronger
Adani Group is staring at trouble on several fronts as investors and partners rethink ties with the Indian conglomerate in ...
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 ...
3h
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 ...
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