Khambata has met Ratan Tata and Cyrus Mistry separately. He has a long association with both Ratan and Cyrus. Darius Khambata is the Former Advocate General of Maharashtra.
The Food and Drugs Administration of Maharashtra on Tuesday told the Bombay High Court that Maggi noodles manufacturer Nestle India violated laws with the lead level in the popular instant snack being above the permissible limit.
The Food Safety Standards Authority of India (FSSAI) on Friday alleged in the Bombay High Court that Nestle India had violated laws in the country by producing Maggi with lead content more than permissible limits.
The Food Saftey and Standards Authority of India (FSSAI), which had issued notice banning Maggi noodles manufactured by Nestle India, on Tuesday urged the Bombay High Court to recall its "order" allowing the company to export this instant food snack instead of destroying it.
This is Darius Khambata's first interview ever. He's agreed to talk because he wants to share his views on a few important issues in the news.
SAT has been hearing a seven-year-old case of alleged insider trading arising from the merger of Reliance Petroleum (RPL) with RIL back in 2007.
The SAT concluded the hearing on the matter under which RIL challenged Sebi's decision to take the case out of the consent mechanism process saying the amount involved is too large.
At the last hearing on October 11, SAT had suggested Sebi to consider the RIL application for a consent settlement that allows companies and individuals to settle disputes by paying a fine without admission or denial of the alleged wrongdoing.
Looking to address the increasing menace of insider trading activities, market regulator Sebi today set up a 16-member committee to suggest new rules, which will replace nearly two-decade old set of norms.
Coming down heavily on the CBI today, for its slow pace of probe into the missing files case of the scam-hit Adarsh Housing Society, the Bombay High Court has sought a reply from the investigating agency tomorrow.