You are here: Home » Companies » News
Business Standard

Outlook Money editor quits, citing interference

BS Reporter  |  New Delhi 

Citing interference from the management of the Outlook Group in editorial matters, Monika Halan, the editor of Outlook Money, has resigned.

Halan had been editing the personal finance magazine for the past three years and her letter to her colleagues announcing the resignation has been posted on an internet website. Halan could not be reached on her mobile and a text message sent to her remained unanswered at the time of filing this report.

When contacted, Vinod Mehta, editor-in-chief of the Outlook Group, said: “Monika was a competent editor and I regret her leaving us. We have bare minimum interference from management in our editorial work. You can make out from our magazine. As of any other issues, I will not be able to comment as it is our internal matter.”

However, Mehta added that for him the resignation of Halan was “not a closed chapter”. “It is clear to us that she has made up her mind, but for us the chapter is not closed...,” Mehta told Business Standard.

Outlook Group President Suresh Selveraj refused to comment, saying he doesn’t look after the business publications of the group.

In her letter posted on a website, Halan said that the management of Outlook was blaming her editorial department for the falling circulation of Outlook Money at a time when there was an overall slowdown, and this was not acceptable to her.

“There is an increasing conflict of interest between edit and management and my work ethics do not allow me to be a party to this,” Halan’s letter on the website said. The letter also alleged that the management was using the Outlook Money Awards to meet its advertising targets.

Halan said the editorial was told by the management that the award should have gone to a particular company despite it not making the cut. The management also said that the company concerned has withdrawn all ads to the group.

“There is direct management intrusion into edit now. We are being asked to get our cover stories cleared by the publisher and send our stock picks to Outlook Profit for clearance,” Halan said in her letter.

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Fri, January 16 2009. 00:00 IST
RECOMMENDED FOR YOU
.