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According to the brokerage, LG Electronics is well placed to benefit from structural premiumisation across TVs, refrigerators, washing machines and ACs, while the expanding LG Essential portfolio provides an additional growth factor by broadening its addressable market. Over the medium term, Motilal Oswal expects Sri City capacity expansion, deeper localisation and increasing exports to further strengthen the growth and profitability profile. NDTV Profit's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer NDTV Profit's subscribers an opportunity to expand their understanding of companies, sectors and the economy. Motilal Oswal Report Domestic brokerage firm Motilal Oswal values LG Electronics Ltd. at 45 times Sep'28E earnings per share to arrive at a target price of Rs 2,080 and has reiterated Buy rating implying a potential upside...

Case Filed Against Filmmaker Ranjith After Fresh Sexual Abuse Allegations

The fallout from the Justice K Hema Committee report on harassment and abuse in the Malayalam film industry intensified on Monday as a case was charged against well-known filmmaker Ranjith, and several female actors stepped forward with disturbing accounts of the mistreatment they faced at the hands of their various male counterparts.

The case was charged against Ranjith after a Bengali actress filed a complaint on Monday with the Kochi City Police Commissioner.

The complaint, sent via email, alleged that Ranjith had touched her inappropriately with sexual intent after inviting her to act in the movie Paleri Manikyam in 2009.

Kochi Police Commissioner S Syamsundar said a case under IPC Section 354 (assault or criminal force on a woman with intent to outrage her modesty) has been registered against Ranjith.

Another actress, Minu Muneer, who has appeared in a few movies, levelled sexual abuse allegations against prominent actors M Mukesh, who is also an MLA, Jayasurya and Maniyanpilla Raju, as well as small-time actor Idavela Babu who has a prominent role in the actors' association.

A more well-known actress from the 1990s also came forward on Monday with allegations of misconduct from years ago against a noted filmmaker. She has expressed willingness to provide a statement to the police.

The filmmaker has denied the charges.

In a Facebook post, Minu Muneer said, "I am writing to report a series of incidents of physical and verbal abuse I suffered at the hands of 1 Mukesh 2 Maniyan Pilla Raju, 3 Idavela Babu, 4 Jayasoorya (Jayasurya), 5 adv Chandrasekaran, 6 production controller Noble and Vichu, in the Malayalam film industry." "In 2013, I was subjected to physical and verbal abuse by these individuals while working on a project. I tried to cooperate and continue working, but the abuse became unbearable," the actress, who signed as Minu Kurian in her Facebook post, alleged.

With the exception of Maniyanpilla Raju, none of the actors have reacted.

On the same day, a junior artist accused actor Baburaj, known for villain roles, of sexual assault.

Rejecting the allegations, Baburaj, an office bearer in the Association of Malayalam Movie Artists (A.M.M.A), claimed it was an attempt by vested interests in the film industry to prevent him from becoming A.M.M.A general secretary, replacing Siddique, who resigned on Sunday amid similar charges.

Meanwhile, the serious and elaborate revelations of sexual harassment charges against two-time CPI(M) legislator M Mukesh brought embarrassment to the state government.

Though the opposition parties have accused the Left government of protecting the predators, its leaders put up a defence, saying a special investigation team has been formed to probe the allegations.

Yet, the continuing charges against Mukesh, who represents Kollam constituency in the assembly, have put the CPI (M)-led government under pressure.

A harassment allegation levelled by a woman against Mukesh years ago also resurfaced on Sunday.

Hours after Minu Muneer's allegations against Mukesh on Monday, workers from Yuva Morcha and Mahila Congress organised separate marches towards his residence in Kollam, demanding that a case be registered against him and that he resign as a legislator.

Opposition leader V D Satheesan said he expects that, like Ranjith and Siddique, Mukesh will also step down.

Reacting to the revelations against Mukesh, Higher Education Minister R Bindhu said any accusation against any person should be examined on factual grounds. "The wrongdoers should be punished. Innocent people should not be penalised," she told the media here.

Eminent writer Sara Joseph and Kerala Chalachitra Academy Vice-Chairman Premkumar raised objections against the reported inclusion of Mukesh in the film policy committee of the upcoming cinema conclave of the state government.

"The inclusion of Mukesh on the panel is ridiculous. He should resign as MLA if he has any self-pride," Joseph said.

Mukesh has claimed he is being deliberately targeted by vested interests as he is a CPI(M) MLA.

The female actor who accused him has also levelled sexual abuse allegations against three other prominent Malayalam actors.

Actor Maniyanpilla Raju has called for an overall investigation. "Some people will try to capitalise on the situation," he opined. "Among those accused, there will be both innocent and guilty parties. Therefore, a comprehensive investigation is necessary." Meanwhile, leading actor Prithviraj has called for corrective actions from A.M.M.A and a comprehensive investigation into the various allegations.

It came a day after director Ranjith and actor Siddique stepped down from their leadership roles in the Kerala Chalachitra Academy and A.M.M.A respectively, following sexual abuse allegations against them.

Amid mounting pressure on the government, Chief Minister Pinarayi Vijayan on Sunday announced the establishment of a seven-member special investigation team for the probe into the allegations made in the wake of the Hema Committee report being published.

There is however no move to conduct investigations on revelations made by women victims in the Hema Committee report.

The report by the Justice Hema Committee, constituted by the Kerala government after the 2017 actress assault case has revealed instances of harassment and exploitation of women in the Malayalam cinema industry, prompting calls for action against the guilty.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



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