M.J. Akbar of Deccan Chronicle stays guild head

Televisionpoint.com Team
M.J. Akbar, editor-in chief of Deccan Chronicle, has been reelected as president and Om Thanvi, editor of Jansatta, as secretary-general of the Editors Guild of India for another term.

The Editors Guild of India also informed that it has constituted a committee, headed by veteran journalist Ajit Bhattacharjea, taking note of the Prime Minister's remarks in Chandigarh recently on the functioning of the media.

"The committee is mandated to propose specific measures to enhance the credibility of the media," it said, adding that the Guild shared the Prime Minister's concerns related to professional responsibilities of journalists.

Critical of the reports that led to the recent upheavals in the stock markets, the Prime Minister had wondered on Saturday whether there were professional codes of conduct to address these challenges.

"How does the financial media deal with market-moving stories that have no basis in fact," he had asked addressing the silver jubilee function of the Chandigarh Press Club and wanted to know what happened to those reporters, analysts, editors who move and make markets.

Singh was referring to the turmoil in the stock market on Thursday after reports that the Prime Minister had a meeting of senior officials of SEBI, RBI, CBI and IB to deal with phenomenal rise in penny stocks. The PMO later denied there was no such meeting.