French energy giant Total puts Adani Group investments on hold

French energy giant TotalEnergies has paused further investments in Adani Group following US bribery allegations against its founder. TotalEnergies, holding stakes in Adani's renewable energy and gas ventures, stated it was unaware of the US investigation. The company emphasized its zero-tolerance policy on corruption and clarified it wasn't directly implicated.

Nov 26, 2024 - 03:30
French energy giant Total puts Adani Group investments on hold

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French energy giant TotalEnergies has paused further investments in Adani Group following US bribery allegations against its founder. TotalEnergies, holding stakes in Adani's renewable energy and gas ventures, stated it was unaware of the US investigation. The company emphasized its zero-tolerance policy on corruption and clarified it wasn't directly implicated.
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