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TotalEnergies Pauses New Investments for Adani – Adani Group faces another blow, this giant French company bans new investments – Adani Group Faces Setback as TotalEnergies Pauses New Investments Amid Corruption Allegations ntc
In an important development, French multinational company Total Energies has decided not to make any new investment in Adani Group companies. The French company has taken this decision in view of the allegations of corruption against some officials of Adani Green Energy Limited (AGEL). The allegations against Adani Group executives were disclosed through a public indictment by US authorities. However, these allegations are against individual officials rather than any company of Adani Group or its subsidiary.