The toxic chemist
Financial Express Chandigarh
|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
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.
यह कहानी Financial Express Chandigarh के October 11, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
Financial Express Chandigarh से और कहानियाँ
Financial Express Chandigarh
No change in interest rates on small savings
STATUS QUO
1 min
January 01, 2026
Financial Express Chandigarh
Up your game with digital twins
IN CRICKET, THE most valuable player (MVP) is the one who consistently turns the tide with match-winning performances.
2 mins
January 01, 2026
Financial Express Chandigarh
Buffett retires, the Oracle endures
ABEL, A LONGTIME Berkshire executive, has been widely viewed as Buffett's chosen successor and has played a key role in expanding the company's energy and infrastructure businesses over the past two decades.
1 min
January 01, 2026
Financial Express Chandigarh
PSBs, foreign lenders lead as asset quality improves
PUBLIC SECTOR BANKS (PSBs) and foreign banks (FBs) led the continued improvement in the asset quality.
1 min
January 01, 2026
Financial Express Chandigarh
Fintech retail lending rises
FINTECH FIRMS ARE expanding presence in retail lending, now accounting for 8.9% of total non-banking finance companies’ (NBFC) consumer loans, up from 7.3% in September 2023, according to the FSR.
1 min
January 01, 2026
Financial Express Chandigarh
Brokerages bet on markets rallying up to 26% in 2026
OUTLOOK UPBEAT
1 min
January 01, 2026
Financial Express Chandigarh
Sensex m-cap at ₹169 L cr as it completes 40 years
THE MARKET CAPITALISATION of BSE’s 30-stock benchmark Sensex stands at ₹169 lakh crore as it completes 40 years.
1 mins
January 01, 2026
Financial Express Chandigarh
US jobless claims hit historic low levels
FEWER AMERICANS APPLIED for unemployment benefits last week with layoffs remaining low despite a weakening labour market.
1 min
January 01, 2026
Financial Express Chandigarh
Why gig workers went on a strike on New Year's eve
The gig workers' strike on Wednesday had limited traction with some impact in a few cities due to the unorganised nature of the workforce.
1 min
January 01, 2026
Financial Express Chandigarh
Centre notifies draft rules for new labour codes
THE MINISTRY OF Labour and Employment has released draft rules under the four labour codes - the Code on Wages, Code on Social Security, Industrial Relations Code, and Occupational Safety, Health and Working Conditions Code - inviting public and stakeholder feedback within 30-45 days.
1 min
January 01, 2026
Listen
Translate
Change font size

