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TotalEnergies halts Adani investments

Hosted on MSN · 1h

TotalEnergies pledges no new investments in Adani Group following U.S. indictment

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.

Reuters on MSN · 5h

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).

Adani, Sri Lanka

Bloomberg on MSN · 16h

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.

Reuters on MSN · 20h

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.

U.S. News & World Report · 1d

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,

2h

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 ...

10h

Adani Group Says Its Companies Have Enough Cash to Meet Debt Payments

Adani Group said its companies have enough cash to meet debt obligations, days after a U.S. indictment against founder Gautam ...

Protests Erupt Over Allegations Against Adani Group

The Indian Youth Congress protested at Jantar Mantar, demanding the arrest of Gautam Adani over claims of bribery for solar ...

2h

GQG Partners Reaffirms Confidence in Adani Group Despite Bribery Allegations Against Promoters

GQG Partners reaffirms support for Adani group despite bribery allegations against its promoters, highlighting sound ...

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 ...

1hon MSN

Adani group borrowings shift from global to domestic in H1FY25

The exposure of domestic banks and financial institutions to the Adani group rose by 53% to Rs 1,07,985 crore by September 2024, up from Rs 70.

French Oil Major TotalEnergies Suspends Fresh Investment In Adani Joint Ventures

TotalEnergies has halted new investments in the Adani Group following bribery allegations involving its founder Gautam Adani.

2h

Adani group could explore stake sales, domestic issuances for immediate funds

The Adani group, whose founder and other senior officials are being investigated by US authorities over bribery allegations, ...

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