Sunday, 19 January 2025

Focus on Adani Group

The logo of French oil and gas company TotalEnergies is seen on an oil tank at TotalEnergies fuel depot in Mardyck near Dunkirk France.
BusinessNatural GasNewsPoliticsSolar

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

Despite holding a 20% stake, TotalEnergies will stop financial contributions to Adani Green Energy after last week's indictment.

FILE PHOTO: A worker shifts Photovoltaic Modules for packing at the plant of Adani Green Energy Ltd (AGEL), in Mundra, India, April 11, 2024. REUTERS/Amit Dave/File Photo
BusinessCoalEconomyElectricityLegislationNewsPoliticsRegulationsTrade

Bangladesh panel seeks global legal firm for power deals probe, including Adani

Bangladesh reviews Hasina-era power deals, including Adani's, citing cost, sustainability, and corruption concerns, eyeing reforms.

FILE PHOTO: The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India, November 21, 2024. REUTERS/Amit Dave/File Photo
BusinessClimate FinanceCourtsNewsTransmission

Adani Energy Solutions says no material impact from Kenya energy deal cancellation

Adani Energy Solutions says Kenya's cancellation of a $736M transmission line project did not require regulatory disclosure under Indian stock exchange rules.

FILE PHOTO: A technician talks on his cell phone at the Photovoltaic Modules assembling plant of Adani Green Energy Ltd (AGEL), in Mundra, India, April 11, 2024. REUTERS/Amit Dave/File Photo
BusinessCourtsElectricityLegislationNewsRegulationsSolarTrade

Adanis knew of US probe when they sold bribe-linked assets to TotalEnergies, prosecutors say

Gautam and Sagar Adani sold a solar park stake to TotalEnergies despite U.S. bribery probe allegations, prosecutors claim.

FILE PHOTO: A protester holds a sign as he participates in a national Day of Action against the Indian mining company Adani's planned coal mine project in north-east Australia, at Sydney's Bondi Beach in Australia, October 7, 2017.      REUTERS/David Gray/File Photo
BusinessCoalFuelLabourNews

Adani’s Australian coal unit faces human rights complaint

India's crisis-stricken Adani Group faces accusations of racism from an Aboriginal group in Australia.

FILE PHOTO: Indian billionaire Gautam Adani speaks during an inauguration ceremony after the Adani Group completed the purchase of Haifa Port earlier in January 2023, in Haifa port, Israel January 31, 2023. REUTERS/Amir Cohen/File Photo
BusinessCourtsElectricityNewsRegulationsSolarTrade

Billionaire Gautam Adani of India’s Adani Group indicted in US bribery case

Adani Group's Gautam Adani indicted in U.S. for $250M bribery scheme tied to $2B solar profits, deceiving investors, say prosecutors.

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