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.

According to the charge, FBI investigators served Sagar Adani with a search warrant and a grand jury subpoena in March 2023.

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.

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,

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

The Adani Group has said the accusations as well as those levelled by the U.S. Securities and Exchange Commission in a parallel civil case are baseless and that it will seek "all possible legal recourse".

Adani dollar bond prices fell on Monday to almost one-year lows, as investors cut their exposure to the Indian conglomerate and some bankers considered pausing fresh lending in the wake of bribery and fraud accusations by US authorities.

By Tom Westbrook, Yantoultra Ngui and YP Rajesh SINGAPORE/NEW DELHI (Reuters) -India's parliament was suspended on Monday after opposition lawmakers disrupted it demanding a discussion over bribery allegations against the Adani Group and Adani dollar bond prices fell to almost one-year lows as investors and lenders weighed the case.