Company Directory - Adani Total Gas Limited
Company Details - Adani Total Gas Limited
Adani Total Gas Limited
WebsiteAhmedabad, India
Adani Total Gas Limited is a company within the Adani Group focused on gas distribution and supply. It provides natural gas solutions for residential, commercial, and industrial applications while contributing to sustainable energy initiatives.
CCI Score
CCI Score: Adani Total Gas Limited
-50.49
0.02%
Latest Event
Market Cap Plunge and Corporate Misconduct Allegations Impact Adani Total Gas
Adani Total Gas faced a significant drop in market capitalization alongside serious allegations of bribery and regulatory scrutiny, raising concerns about its business ethics and economic stability.
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QUISLING
Adani Total Gas Limited is currently rated as a Quisling.
Latest Events
- MAR212025
Adani Total Gas faced a significant drop in market capitalization alongside serious allegations of bribery and regulatory scrutiny, raising concerns about its business ethics and economic stability.
- NOV252024
Amid US bribery indictments and associated allegations affecting the Adani Group, key investors such as TotalEnergies have paused new investments while others, like GQG Partners, continue to back the conglomerate based on expectations of strong government support. These developments raise serious questions about the company’s ethical practices and its role in influencing political and economic structures.
-40
Public and Political Behavior
March 24
The company's deep ties with the government and the resulting political favoritism are evident in investors' statements and the expectation of continued government support for its operations. Such close interconnections raise concerns about the undermining of democratic processes and accountability, contributing to a negative score in Public and Political Behavior.
TotalEnergies halts Adani investments; GQG bets on Indian govt backing amid US bribery charges
-50
Business Practices and Ethical Responsibility
March 24
Adani Total Gas Limited, as part of the Adani Group, is implicated in a broader scandal involving allegations of bribery and corruption. The reported behavior raises significant concerns regarding the company's commitment to ethical business practices, contributing negatively to their business practices and ethical responsibility score.
TotalEnergies halts Adani investments; GQG bets on Indian govt backing amid US bribery charges
-30
Economic and Structural Influence
March 24
The reliance on government backing and the influence of large-scale investment decisions reveal an inherent economic and structural risk. The company’s integration with politically influenced financial strategies suggests a vulnerability to policies that may favor authoritarian practices over transparent market operations.
TotalEnergies halts Adani investments; GQG bets on Indian govt backing amid US bribery charges
- NOV252024
Following bribery charges against the Adani Group, TotalEnergies has paused investments in companies including Adani Total Gas. This move underscores significant concerns over unethical business practices and corporate governance at play, which may indirectly support authoritarian tendencies.
-50
Business Practices and Ethical Responsibility
March 24
The recent bribery charges linked to the Adani Group highlight serious ethical lapses in business practices and corporate governance. TotalEnergies' decision to pause further investments signals a rejection of such unethical behavior which, if left unchecked, may facilitate more authoritarian, corrupt practices. This negative score reflects concerns that these practices undermine trust and contribute to broader societal risks associated with corporate complicity in authoritarian dynamics.
- NOV252024
TotalEnergies has halted its financial contributions and investments with Adani Group companies following a US investigation into alleged bribery and corruption. This decision raises serious concerns about Adani Total Gas Limited’s ethical business practices and the company’s role in influencing political processes.
- MAR232023
Adani Total Gas Limited, as part of the larger Adani Group, has been implicated in allegations of accounting fraud and market manipulation. Critics argue that such unethical business practices erode corporate transparency and contribute to an economic environment that can indirectly bolster authoritarian power structures.
-80
Business Practices and Ethical Responsibility
March 24
The report details serious allegations of accounting fraud and deliberate market manipulation within the Adani Group. Such unethical practices undermine transparency and ethical responsibility, aligning with broader concerns related to business practices that may help entrench authoritarian economic structures.
-60
Economic and Structural Influence
March 24
The dramatic collapse in market capitalization and the implications of inflated valuations highlight risky economic practices. This not only impacts investor trust but also reveals structural issues within the conglomerate that may facilitate authoritarian economic influence.
- NOV202020
TotalEnergies has suspended new investments in Adani entities amid a U.S. investigation into alleged corruption and bribery involving senior Adani executives, casting serious doubts on the ethical and political practices within the Adani Group.
-70
Public and Political Behavior
March 24
Allegations stemming from the US investigation indicate that senior executives connected to the Adani Group have engaged in activities (such as bribery) that undermine democratic accountability and transparency. Such practices, which appear to prioritize political maneuvering over public interest, are deeply concerning from a public and political behavior perspective.
TotalEnergies halts investments in Adani entities amid US investigation
-80
Business Practices and Ethical Responsibility
March 24
The report of bribery and corruption indicates a serious lapse in ethical business practices across the Adani Group. The allegations raise questions about internal governance and due diligence, suggesting that the company prioritizes financial gains over adherence to ethical norms and transparency.
TotalEnergies halts investments in Adani entities amid US investigation
-75
Economic and Structural Influence
March 24
The alleged bribery scheme appears to have been used to secure massive state energy contracts, indicating detrimental economic collaboration with corrupt officials. This undermines the structural integrity of free market mechanisms and bolsters systems that enable authoritarian practices, marking a significant negative impact on economic and structural influence.
TotalEnergies halts investments in Adani entities amid US investigation
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