Srividya's Trust failed to pay for her cancer treatment

November 16, 2013

srividyaThiruvananthapuram, Nov 16: The memoirs of an eminent oncologist, who treated South Indian actress Srividya, who died of cancer seven years ago, has sparked a row over the allegation that a trust, which managed her assets, showed reluctance to bear the expenses of some costly medicines.

Former Director of Regional Cancer Centre (RCC), Dr M Krishnan Nair, claimed in his recently released book that the Srividya Trust was unwilling to buy the medicines though doctors suggested that they would improve her condition.

Incidentally, the trust was headed by former minister and actor K B Ganesh Kumar, though Nair does not mention any name in his book.

Asked about Nair's claim, a spokesperson for Ganesh Kumar dubbed it as a "big lie". "This allegation is totally false. The functioning of the trust is transparent and everyone is aware of that. This could be seen only as an attempt to tarnish the image of Kumar," he said.

Srividya, who essayed many memorable roles in various South Indian movies, died at the RCC at the age of 53 on October 19, 2006.

Nair's memoirs in Malayalam, said the doctors of RCC decided to give a new medicine to Srividya which had comparatively less side-effects on lungs.

As it would cost around Rs one lakh per injection, the doctors asked the actress whether she could bear the cost. Srividya then informed the doctors that all her assets had been transferred to a trust named after her and it should bear the treatment expenses, the doctor claimed in the book.

Though doctors contacted the trust members, they said they could not bear the huge cost of the medicines and that any other kind of treatment was enough for the actress, the book claimed.

The doctor also noted that the actress, known for her charming personality and graceful looks, had apprehensions and misconceptions about the cancer treatment.

As any other ordinary woman, she was also afraid of the side-effects of the medicine, thinking it might cause changes in her appearance, he said.

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News Network
March 5,2020

Bihar, Mar 5: A complaint has been filed before a court in Bihar against lyricist Javed Akhtar over his remarks on the FIRs being registered against expelled AAP councillor Tahir Hussain in the wake of Delhi riots.

The complaint was lodged on Wednesday by Amit Kumar, a local advocate, before the court of Chief Judicial Magistrate Thakur Aman Kumar.

On the basis of a newspaper report, the complainant has alleged that Akhtar's remarks were seditious and promoted religious hatred.

The media report was based on Akhtar's tweet of February 27 that "So many killed, so many injured, so many houses burned, so many shops looted so many people turned destitute but police has sealed only one house and looking for his owner. Incidentally, his name is Tahir. Hats off to the consistency of the Delhi police."

The violence in northeast Delhi claimed at least 42 lives and left over 200 injured. The former Rajya Sabha member was heavily trolled for the tweet.

In a subsequent tweet, Akhtar who asserted that he is a non-believer and a rationalist, had clarified that he was not asking "why Tahir but why ONLY Tahir and not even an FIR against those who have openly threatened violence in the presence of the police".

The matter is likely to come up for hearing on March 25.

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News Network
June 9,2020

New Delhi, Jun 9: Multiplex operator PVR on Monday said it has cut salary across various levels, laid off employees and deferred increments during the lockdown to mitigate adverse impact of COVID-19 on the business.

The company said at present it is not generating any revenue from exhibition business and related activities as cinemas across the country are shut following the directions from the regulatory authorities.

According to the company, closure of screens during the lockdown will have a significant negative impact on profitability and liquidity.

PVR has taken measures to reduce its personnel cost, including salary cuts across various levels in the organisation during the lockdown along with "reduction in headcount by way of layoffs/retrenchment" to mitigate the adverse impact of COVID-19 on the business.

Moreover, the board of the company, in its meeting held on Monday has also approved plan to raise Rs 300 crore through rights issue.

"Since Cinema Exhibition is the only business segment, company is currently not generating any revenue from admissions, food and beverage sales or other revenue and cash flow from operations," said PVR in an update.

Beginning from March 11, PVR started closing its screens in accordance with the order passed by various regulatory authorities and within a few days most of our cinemas across the country were shut down, it added.

The company will continue to incur committed cash outflows, including employee salary pay-outs, other overheads as well as payments for older working capital.

"This has and will have a significant negative impact on profitability and liquidity during lockdown and even thereafter till business comes to normalcy," it added.

Further, once the cinemas are re-opened, we may not be able to run our cinemas at normal capacity utilisation levels on account of social distancing measures that cinemas may be required to follow as well as health concerns that the patrons may have, the multiplex operator said.

"On account of this, our revenue and cash flow generation may be impeded even once we are allowed to restart operations," it added.

The company has also deferred decision on on increments to reduce its cost, it added.

PVR has also written to developers for waiving rental and CAM (Common Area Maintenance) charges for the lockdown period.

It is in discussion with developers for reducing rentals post re-opening and has invoked force majeure clause in its agreements with them.

Besides, the company has raised additional borrowings from existing bankers to shore up liquidity.

"As of March 31, 2020 the company had cash and bank balance of Rs 316 crore. As on June 7, 2020 cash and bank balance is Rs 227 crore (including undrawn bank lines)," it added.

Over reopening of theatres, PVR said that the government has come out with a phase-wise schedule.

In these guidelines cinema halls have been kept in the third phase of re-opening, where dates will be decided based on assessment of the situation.

"We are in continuous engagement with all regulatory authorities and hope to receive the necessary permissions for restarting opening in the near future," it added.

Currently PVR operates 845 screens in 176 properties in 71 cities.

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Agencies
February 7,2020

Kochi, Feb 7: The younger brother of noted playback singer K J Yesudas was found dead in the backwaters near here, police said.

The body of 62-year old K J Justin, who had reportedly gone missing from his house in Thrikkakara near here on Tuesday evening was found floating in the backwaters near Vallarpadam Container Terminal on Wednesday, they said.

The relatives identified the body, police said adding it was later sent for autopsy at General Hospital here.

A General Hospital spokesperson said the body was handed over to his relatives on Thursday evening after autopsy was performed.

The funeral is expected to be held after the arrival of Yesudas from abroad, police sources said.

Police said the initial investigation suggested it was a case of suicide.

According to police, Jusin's relatives have informed the investigation team that he had been showing signs of suicidal tendency for the last one week as he was allegedly facing some financial problem.

His relatives were not available for comments.

Son of the renowned musician late Augustine Joseph, Justin is survived by his wife.

Justin had been a regular presence at popular ganamela programmes here in the past, sources said.

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