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Adani, Fitch

Fitch puts some Adani bonds on negative watch after US bribery charges

By Scott Murdoch and Tom Westbrook (Reuters) -Ratings agency Fitch has put some Adani Group bonds on watch for a possible downgrade after U.S. authorities indicted some key executives of the Indian conglomerate on bribery charges.

Business Line · 1m

Fitch takes negative rating actions on Adani Group entities and securities

Fitch Ratings places Adani Group companies on negative watch due to bribery charges, outlook revised to negative.

The Associated Press on MSN · 16h

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 and seven of his associates with securities fraud.

TotalEnergies pauses business with Adani

Reuters · 12h

TotalEnergies pauses business with Adani, says it was not aware of US investigation

TotalEnergies SE said on Monday that it will not make any new financial contribution as part of its investments into the Adani group of companies amid a U.S. federal indictment against the head of the company and his nephew.

GlobalData on MSN · 11h

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).

Asian Power on MSN · 1h

TotalEnergies halts new Adani investments

It acquired a 19.75% stake in Adani Green Energy in 2021. TotalEnergies has announced that it will not make any new financial contribution as part of its investments in India's Adani group until the alleged stock manipulation issue is clarified.

India's Andhra Pradesh mulls next steps on Adani

Reuters on MSN · 8h

India's Andhra Pradesh mulls next steps on Adani, if power deal can be scrapped

India's Andhra Pradesh state is reviewing government files and will explore if it is possible to cancel a power supply contract linked to the Adani Group, whose billionaire founder has been indicted in the United States,

Business Today · 30m

Will Andhra govt pull the plug on Adani power contract? State FM says 'digging into all files'

The US indictment alleges that Adani and seven others paid $265 million in bribes to Indian officials between 2021 and 2022 to secure solar power-supply contracts across multiple states, including Andhra Pradesh.

Business Standard · 3h

Andhra govt mulls next steps on Adani, if power deal can be scrapped

Andhra Pradesh's state government was digging into all the internal files from the previous administration, under which the alleged misconduct took place

Adani Shares Drew Retail Investors Just Before US Probe Pullback

India’s retail investors increased their holdings in the Adani Group prior to the shock bribery charges by US authorities ...

15mon MSN

Adani indictment: US State Department declines comment on disruptions in Indian Parliament

The US State Department refused to comment on the disruptions in Indian Parliament over the indictment of billionaire Gautam ...

12h

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 ...

Fortune India28mOpinion

What role the Centre played in the US indictment of the Adani case

At the core of the developments leading to the indictment of Gautam Adani and seven others by the US prosecutors – after ...

2hon MSN

Fitch places some Adani bonds on negative watch after US bribery charges

By Scott Murdoch and Tom Westbrook (Reuters) -Ratings agency Fitch has put some of Adani Group's bonds on watch for a ...

2hon MSN

Japan’s SBI Follows Nomura in Disclosing Adani Funds Exposure

SBI Holdings Inc. has joined Nomura Holdings Inc. and other Japanese financial firms in releasing details of their mutual ...

3hon MSN

Telangana govt refuses to accept Adani’s ₹100 crore donation for Skill University. Here’s why

Telangana government has decided to decline a ₹100 crore donation from the Adani Group to the Young India Skills University.

NewsX3h

Adani Allegations Trigger Adjournments on First Day of Winter Session

On the opening day of the winter session, Congress-led opposition parties caused adjournments in both Houses of Parliament, ...

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Adani, Fitch

TotalEnergies pauses business with Adani

India's Andhra Pradesh mulls next steps on Adani

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