TotalEnergies pauses business with Adani

TotalEnergies Pauses Business With Adani, Says It Was Not Aware of US Investigation
PARIS (Reuters) - French oil major TotalEnergies SE was not informed of a U.S. investigation into possible bribery and corruption at Adani Green Energy Limited, it said on Monday, adding it will stop financial contributions to its Adani Group investments following last week's indictment.
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 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).
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 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.
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's renewable energy venture AGEL and city gas unit Adani Total Gas Ltd
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.
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.
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.
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Adani Bribery Fallout: Cancellations and Dropped Investments
Internationally, the crisis has led to significant setbacks for Adani’s global operations. Kenyan President William Ruto ...
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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, ...
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 ...
Indian parliament disrupted over Adani bribery allegations, bonds slide to year low
India's parliament was suspended on Monday after opposition lawmakers disrupted it demanding a discussion over bribery ...