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Adani, Fitch Ratings

Fitch puts some Adani bonds on negative watch after US bribery charges

By Scott Murdoch and Tom Westbrook (Reuters) -Ratings agency Fitch has put some Adani Group bonds on watch for a possible downgrade after U.S. authorities indicted some key executives of the Indian conglomerate on bribery charges.

Bloomberg L.P. · 50m

Fitch Warns Adani Ports’ Dollar Bonds May Be Cut to Junk

Dollar bonds of Adani Group’s ports business may be cut to speculative grade after US prosecutors brought charges of alleged bribery against executives of the conglomerate, Fitch Ratings said Tuesday.

The Associated Press on MSN · 16h

India’s opposition protests against Gautam Adani as billionaire faces US bribery and fraud charges

Adani, 62, one of Asia’s richest men, was thrust into the spotlight last week when U.S. prosecutors in New York charged him and seven of his associates with securities fraud.

TotalEnergies pauses business with Adani

Reuters · 12h

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.

GlobalData on MSN · 12h

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).

Asian Power on MSN · 1h

TotalEnergies halts new Adani investments

It acquired a 19.75% stake in Adani Green Energy in 2021. TotalEnergies has announced that it will not make any new financial contribution as part of its investments in India's Adani group until the alleged stock manipulation issue is clarified.

India's Andhra Pradesh mulls next steps on Adani

Reuters on MSN · 9h

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,

Business Today · 44m

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 to secure solar power-supply contracts across multiple states, including Andhra Pradesh.

Business Standard · 3h

Andhra govt mulls next steps on Adani, if power deal can be scrapped

Andhra Pradesh's state government was digging into all the internal files from the previous administration, under which the alleged misconduct took place

Indian Retail Investors Stay Hooked on Adani Shares

Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look ...

13h

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 ...

What to know about billionaire Gautam Adani’s indictment in the U.S.

Hundreds of people protested on Monday in India against billionaire Gautam Adani, who was recently indicted in the U.S. for ...

thedeepdive11h

Scandal Deepens as Quebec Pension Executives Tied To Gautam Adani’s Bribery Scandal

A far-reaching corruption scandal has emerged as U.S. authorities indict three former executives of Quebec’s pension fund ...

2hon MSN

Fitch places some Adani bonds on negative watch after US bribery charges

By Scott Murdoch and Tom Westbrook (Reuters) -Ratings agency Fitch has put some of Adani Group's bonds on watch for a ...

20h

Live Q&A: How Adani's US 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 ...

3hon MSN

Telangana govt refuses to accept Adani’s ₹100 crore donation for Skill University. Here’s why

Telangana government has decided to decline a ₹100 crore donation from the Adani Group to the Young India Skills University.

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Adani, Fitch Ratings

TotalEnergies pauses business with Adani

India's Andhra Pradesh mulls next steps on Adani

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