After 6 years and R$ 65 billion in debt, find out how Brazil’s largest operator had its bankruptcy declared by the Rio de Janeiro courts.

From unwavering leadership to billion-dollar bankruptcy: Understanding the collapse of Oi. A Brazil’s largest operator went bankrupt. In a conclusion that brings to a close one of the longest and most turbulent attempts at judicial recovery in the country. The trajectory of the Oi group is a complex case study, marked by ambition, power, and…

Adani’s Rs 14 535 cr bid for Jaiprakash Associate gets lenders’ nod- The Week

    New Delhi, Nov 19 (PTI) Business tycoon Gautam Adani has won the approval of creditors of Jaiprakash Associates (JAL) for its Rs 14,535 crore acquisition proposal for the bankrupt infrastructure group.    Adani Enterprises, the flagship firm of Adani Group, outbid Vedanta and Dalmia Bharat to win the bid for JAL.    “The Committee of Creditors (COC) of Jaiprakash…