By Sethuraman N R and Forrest Crellin
French oil major TotalEnergies will invest $300 million to form a joint venture with Adani Green Energy to build renewable capacity in India, the two companies’ first deal since India’s Adani Group was involved in an alleged tax fraud scandal.
Adani Group shares lost about $150 billion in value following allegations by U.S. short seller Hindenburg Research that the company engaged in improper dealings and used tax havens.
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