Firstpost

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FirstPost (India) is an Indian news organization. The Indian news operations are part of the Raghav Bahl owned Network 18 media conglomerate, which also runs CNN-IBN and CNBC-TV18.[1]

In Jan 2012, the group had a large investment from Mukesh Ambani's Reliance Industries Ltd (RIL) through a rights issue up to Rs 2,700 crores.[2]

In May 2013, the news group was merged with Forbes (India) whose four top editorial heads including editor in chief Indrajit Gupta were dismissed under surprisingly humiliating conditions.[3][4] The event led to a media furore.[5]

The editor of the combined FirstPost-Forbes India team, R. Jagannathan, stated that as a business magazine, Forbes "should not be anti-capitalism"; this is viewed in the Indian media as a possible shift towards left-wing politics.[6]

References[edit]

  1. ^ "About Network 18". Retrieved 11 January 2014. 
  2. ^ "Reliance enters media by opening pursestrings for Network18 - See more at: http://indianexpress.com/article/news-archive/web/reliance-enters-media-by-opening-pursestrings-for-network18/#sthash.o4txIPJ7.dpuf". The Indian Express. Retrieved 11 January 2014. 
  3. ^ "‘Forbes India’ editors sacked for demanding stock ownership". The Hindu. Retrieved 11 January 2014. 
  4. ^ "Why Forbes' editors in India were sacked". rediff business. Retrieved 11 January 2014. 
  5. ^ "No country for good journalists?". Business Standard. 2013-11-16. Retrieved 2014-02-20. 
  6. ^ BHATIA. "The Network Effect". Retrieved 11 January 2014.