News digest: Lotte buys Havmor Ice Cream, clouds over Rafale, and more

From defaulting promoters set to lose their companies to govt vowing to keep web access equitable, BS brings you up to date with the latest news

Insolvency ordinance: Defaulting promoters set to lose their companies
 
An ordinance amending the Insolvency and Bankruptcy Code (IBC) has practically barred promoters of companies undergoing the resolution process from bidding for their own companies when they are auctioned as part of bankruptcy proceedings. Read more
 
South Korea's Lotte Confectionery buys Havmor Ice Cream for Rs 1,020 crore
 
South Korea’s Lotte Confectionery has acquired Ahmedabad-headquartered ice cream maker Havmor Ice Cream Ltd (HIL) for Rs 1,020 crore in an all-stock deal. Read more
 
Clouds over fighter jet: How much did