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Adani, TotalEnergies
TotalEnergies suspends Adani Green investment, awaiting clarity on bribery case, says CEO
TotalEnergies will pause investment in its Adani Green energy project until there is further clarity on a U.S. bribery case against Indian billionaire Gautam Adani, the French group's CEO, Patrick Pouyanne,
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.
Big Take Asia: The Adani Bribery Charges Rocking India
India’s Gautam Adani, one of the world’s richest men, was charged last week by US prosecutors over his alleged involvement in a $250 million bribery scheme. The indictment sent the stocks and bonds of Adani’s vast conglomerate tumbling and is the second governance crisis to hit the group in two years.
Moody's Cuts Outlook On Adani Firms To Negative
Fitch Ratings Says It May Cut Some Adani Group Bonds to Junk Status
The U.S. rating company said it will monitor the U.S. investigations closely, the outcome of which could reflect significantly weaker corporate governance practices at the Indian conglomerate.
Fitch, Moody’s cut rating outlook on Adani group firms to negative from stable
The adverse rating action could hurt the group's ability to raise fresh funds, besides increasing its cost of capital. Adani stocks fell sharply after the rating actions, with Adani Green Energy, at the centre of US indictments,
Moody’s rating for Adani stocks: Changes outlook to ‘negative’ for 7 entities – List
Moody’s has shifted the rating outlook of seven Adani Group companies to "negative" from "stable" following bribery charges against chairman Gautam Adani in the US. The move signals potential challenges in funding access,
Reuters
10h
Indian business may learn wrong lesson from Adani
U.S. bribery charges against tycoon Gautam
Adani
should therefore provoke some soul-searching among the capitalist elite.
18h
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 ...
1d
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
on MSN
Modi's party distances itself from India's Adani amid opposition protests
Indian Prime Minister Narendra Modi's party said it had no reason to defend billionaire Gautam Adani on Tuesday following his ...
20h
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 ...
GlobalData on MSN
1d
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 ...
22h
on MSN
Fitch Places Some Adani Bonds on Negative Watch After US Bribery Charges
Adani Energy Solutions Ltd, Adani Electricity Mumbai and some of Adani Ports and Special Economic Zone rupee and dollar bonds ...
1d
on MSN
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 ...
8m
As Adani Group stocks wobble, investors take fewer chances
Shares of all the 11 listed companies ended lower on Tuesday, falling between 1% and 7% after Fitch Ratings put some Adani ...
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