Try GOLD - Free

The toxic chemist

Financial Express Kochi

|

October 11, 2025

AFTER TESTING THE BOUNDARIES OF REGULATION FOR DECADES, RANGANATHAN FACES CHARGES OF CULPABLE HOMICIDE NOT AMOUNTING TO MURDER, ENDANGERING THE LIVES OF CHILDREN, AND DRUG ADULTERATION

- NARAYANAN V

FOR DECADES, GOVIND-HAN Ranganathan operated quietly, almost invisibly, within the cracks of India’s drug manufacturing system.

That changed when a midnight manhunt led to the arrest of the 75-year-old Chennai-based entrepreneur on Thursday by a Special Investigation Team from Madhya Pradesh.

The reason: Coldrif cough syrup, manufactured by his company Sresan Pharmaceuticals, has been linked to the deaths of over 20 children in Madhya Pradesh and illnesses in several other states following which laboratory tests found dangerously high levels of toxic substances in it.

Ranganathan’s arrest followed an intensive hunt that began on October 5, a day after an FIR was filed against the company. Investigators even announced a 20,000 reward for information leading to his capture and tracked his vehicles, residence, and bank transactions to piece together his movements. Officers from Madhya Pradesh, and Tamil Nadu launched a coordinated night operation and finally picked him up around 1.30 am in Chennai.

That was a dramatic turn for a man who had spent much of his life working in the shadows of India’s $55 billion pharmaceutical market.

MORE STORIES FROM Financial Express Kochi

Financial Express Kochi

Auto gears sector posts 6.8% growth in H1FY26

THE DOMESTIC AUTO component industry grew 6.8% year-on-year to $41.2 billion during the April-September period of FY26, according to industry body Automotive Component Manufacturers Association of India (ACMA).

time to read

1 mins

January 15, 2026

Financial Express Kochi

BofA tops estimates as lending revenue rises, trading beats

BANK OF AMERICA Corp.’s equity traders posted their best fourth quarter ever as the company reaped the benefits of volatile markets and net interest income topped analysts’ estimates.

time to read

1 mins

January 15, 2026

Financial Express Kochi

Groww’s Q3 profit falls 28% to ₹547 cr

Total income increases 26%

time to read

1 min

January 15, 2026

Financial Express Kochi

Looking forward to working closely with India: US envoy

US AMBASSADOR TO India Sergio Gor on Wednesday said he was looking forward to working closely with New Delhi to advance shared priorities in areas of defence, trade, technology and critical minerals and to strengthen the overall partnership, as he presented his credentials to President Droupadi Murmu.

time to read

1 min

January 15, 2026

Financial Express Kochi

Polymatech eyes ₹10,000-cr IPO to push expansion plans

POLYMATECH ELECTRONICS

time to read

1 min

January 15, 2026

Financial Express Kochi

New office, old press: Printing of Budget stays in North Block

WITH JUST a fortnight left for the Budget presentation, it’s not just the fiscal math the finance ministry officials are busy with, but also finalising the location for printing the Budget copies.

time to read

1 min

January 15, 2026

Financial Express Kochi

Composite salary account for central govt staff unveiled

THE DEPARTMENT OF Financial Services (DFS) on Wednesday launched a unified “Composite Salary Account Package for Central government employees in partnership with Public Sector Banks (PSBs), offering a single-window financial solution that integrates banking, insurance and card benefits.

time to read

1 min

January 15, 2026

Financial Express Kochi

HDFC AMC Q3 profit grows 20% to ₹770 crore

Revenues for the nine-month period rose 18% to ₹3,068 cr from ₹2,597 cr

time to read

1 min

January 15, 2026

Financial Express Kochi

Q-commerce: 10-minute tag goes, sprint remains

THE MOVE HAS also raised questions around existing merchandise.

time to read

1 min

January 15, 2026

Financial Express Kochi

Kashi-Tamil Sangamam and a tribute to Ek Bharat, Shreshtha Bharat

A FEW DAYS ago, I was at the sacred land of Somnath to be part of the Somnath Swabhiman Parv, marking a thousand years since the first attack on Somnath, which took place in 1026.

time to read

4 mins

January 15, 2026

Listen

Translate

Share

-
+

Change font size