TotalEnergies pauses investments in India's Adani Group

TotalEnergies pauses investments in India's 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.
Shares in India's Adani Group plunge 20% after US bribery, fraud indictments
NEW DELHI -- Asia’s controversial richest man, Indian tycoon Gautam Adani, is again in the spotlight. His companies’ stocks plunged up to 20% on Thursday after he was indicted by U.S. prosecutors on charges he duped investors in a massive solar energy project in India by concealing that it was being facilitated by an alleged bribery scheme.
India's Opposition Protests Against Billionaire Facing US Bribery and Fraud Charges
Hundreds of supporters of India’s main opposition party have protested against billionaire Gautam Adani, who was recently indicted in the U.S. for alleged fraud and bribery, and accused the government
Indian parliament disrupted over Adani bribery charges, TotalEnergies pauses business with group
India's parliament was suspended on Monday after disruption by lawmakers demanding a discussion of bribery allegations against the Adani Group, while major partner TotalEnergies halted investments into the ports-to-power conglomerate.
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 allegations against the Adani Group and Adani dollar bond prices fell to almost one-year lows as investors and lenders weighed the case.
Adani bonds hit one-year low as investors weigh US bribery allegations
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.

Bangladesh reviews power deals, including Adani

Adani Enterprises shares crack 24% today; here's what analysts say
The stock was last seen trading 23.45 per cent lower at Rs 2,159. At this price, it has fallen 30.71 per cent in the past six ...
The Hindu3d
Sri Lanka ‘should be vigilant’ about Adani power deal following U.S. indictment, say experts
Sri Lanka should be vigilant about the Adani power project in the island, experts said on Thursday,after Federal prosecutors in New York indicted Group Chairman Gautam Adani and seven others on ...
Indian Solar Agency Brushes Off Bid at Heart of Adani Crisis
The Indian agency leading the solar-energy auction at the heart of billionaire Gautam Adani’s indictment by US prosecutors ...
Adani bribery scandal sparks protests on streets and in parliament
Protesters demand the arrest of Indian billionaire Gautam Adani over a bribery scandal:: New Delhi, India:: November 25, 2024 ...
Indiatimes2d
Adani US indictment: Power deals took 18 months and 'incentives' to state officials, says SEC
While the two companies at the centre of the bribery scandal - Adani Green and Azure Power - were awarded the letter of award by June 2020, SECI was unable to find state discoms willing to buy ...
Solar power magnate Gautam Adani and others indicted over alleged $250M bribery scheme
Billionaire Gautam Adani and several executives at his company, the Indian conglomerate Adani Group, have been indicted over ...
Stock Market: Nifty Gains 378 Pts, Sensex Up 1,218 Pts, SBI Top Gainer; PSU Bank Outperform
Experts believe the selling pressure in Adani stocks will continue temporarily, however, it is the macro factors that will play a key role in guiding sentiments on BSE and NSE.
Adani Power, Adani Green, Adani Enterprises, Adani Energy: Adani stocks in focus today after bribery case
Adani Enterprises is down 6 per cent in the past one month against a 4.49 per cent drop in the BSE Sensex. Adani Power ...