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Global developments continued to dictate market direction, particularly the evolving US-Iran conflict, which kept crude oil prices volatile and elevated. New Delhi: The Indian stock markets appear to be transitioning into a consolidation phase with high volatility and low visibility
Cough syrup row: FIR filed against arrested doctor, manufacturer

Police arrested a doctor and charged a manufacturer after 14 children died in Chhindwara, Madhya Pradesh, due to a 'toxic' cough syrup. The Coldrif syrup, containing diethylene glycol, led to the deaths, prompting a statewide ban and financial aid for victims' families. Both face charges for negligence and adulterated drugs.
Police arrested a doctor for alleged negligence and registered a case against the manufacturer of a 'toxic' cough syrup that resulted in the death of 14 children in Chhindwara in Madhya Pradesh.
A special team from Kotwali police arrested Dr Soni from Rajpal Chowk in Chhindwara late Saturday night after the FIR was registered against him, the Superintendent of Police Ajay Pandey told reporters.
According to a PTI report, the doctor has been booked for negligence and prescribing the medicine even after its adverse effects on children for nearly a month. The manufacturer had been charged as it was supplying contaminated syrup, as per the test report.
A case has been registered at Parasia police station against the company and Dr Praveen Soni. The doctor was caught practising at a private clinic and prescribed the syrup despite being a government doctor. He has also been suspended from service.
Meanwhile, the Madhya Pradesh government banned the sale of Coldrif cough syrup, with officials stating the drug samples have been found to contain a highly toxic substance.
Among the children who lost their lives, 11 were from Parasia sub-division, two from Chhindwara city and one from Chaurai tehsil.
The Coldrif cough syrup, manufactured by Sresan Pharmaceutical, Kancheepuram in Tamil Nadu, has been accused for the death of 11 children in Parasia area of Chhindwara district, Superintendent of Police Ajay Pandey told reporters.
Chief Minister Mohan Yadav on Saturday said strict action will be taken against those responsible.
The doctor and the company have been charged under sections 276 (adulteration of drugs - punishable with up to one year in jail) and 105 (culpable homicide not amounting to murder - carrying a maximum punishment of 10 years) of the Bharatiya Nyaya Sanhita.
They have also been booked under section 27A of the Drugs and Cosmetics Act, 1940, which prescribes over 10 years' imprisonment or life term for using adulterated drugs causing death, according to police.
On Saturday, the government sanctioned a financial assistance of Rs 4 lakh for the families of each of the 14 deceased children.
The Tamil Nadu drug control authorities, in their report dated October 2, declared the Coldrif syrup sample (Batch No SR-13; Mfg: May 2025; Exp: April 2027) manufactured by Sresan Pharmaceuticals, Kancheepuram, as adulterated because it contained diethylene glycol (48.6% w/v), a poisonous substance "which may render the contents injurious to health".
Following the report, the Madhya Pradesh Food and Drug Administration issued instructions to stop further sale and distribution of Coldrif statewide and immediately seize any available stock for investigation under the Drugs and Cosmetics Act, 1940. It also ordered that other products manufactured by Sresan Pharmaceuticals be removed from sale until testing is done.
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Source: EconomicTimes
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