Times Group caught in “Conflict” of Interest over story on Rahul Yadav’s “resignation”?

The mercurial CEO of Housing.com found himself at the centre of another “controversy” today. On 25th June, in the afternoon, ET Tech, the Technology section of Economic Times, posted an “exclusive” story on Rahul Yadav. The article claimed that Yadav has quit Housing.com again. But within a few hours, the article was taken down by Economic Times, without specifiying any reason. We have a screenshot of the original article as it had appeared:

lies3

As you can read, the news was completely “source” based. The article itself says that they did not get “immediate replies” from either Yadav, or a Softbank representative they contacted. Inspite of this, Times Group went ahead with this story. The article further went on to call Yadav the “enfant terrible of the Indian startup industry”.

- Advertisement - - Article resumes -

Rahul Yadav on his part had slyly denied this news, by posting this on his facebook profile:

lies3

While Times Group is no stranger to peddling half baked news as “real news”, what makes this case interesting is that Times Group also owns MagicBricks.com, a rival of Yadav’s Housing.com. To be fair to Times Group, they did mention this in their article, but when publishing a news piece about its rival, one needs to be that much more careful. Especially when the news piece is being uncharitable to the rival.

This is all the more important, since Times Group and Rahul Yadav have been at it for quite some time now. In March 2015 too, Rahul Yadav was in the crosshairs of an Economic Times’ “source” based story. It reported that Housing.com Investors were thinking of replacing Yadav after “multiple differences”. Responding to this, Yadav had shot off a mail claiming that Times Group was maligning Housing.com to help its own company MagicBricks.com. He also pointed outfactual inaccuracy in the Times Group story, which claimed that Yadav was an accused in a car accident, whereas he was actually never in the car.

In response to Rahul Yadav’s email, Times Group had then sent Housing.com and its directors a legal notice seeking Rs 100 crores in damages, claiming that Yadav’s internal email was “defamatory”. It was a curious scenario where a “source” based news story, was denied by the person concerned, yet instead of the person who got defamed, it was the news portal which claimed “defamation”

Rahul Yadav though, seems to be aware of such games, and had updated his Facebook cover photo, 2 days back, showing his Housing.com being ambushed by 3 dinosaurs resembling various Times Group companies:

lies3

 

Amusingly, later today evening, Economic Times re-published the same post, with the same headline “Housing.com CEO Rahul Yadav quits, again”, but this time, mentioning clearly in its article that Rahul Yadav has denied the same. If at all Yadav has denied it, it is completely wrong on part of Economic Times to have a headline which says he has quit again. It would certainly make a good case for defamation if Rahul Yadav seeks to pursue it.


Share This Post and Support:
We need your support to survive in the media industry. Please consider paying us for the content we produce:

To know more about these payments, please click here.


Most read articles recently

Image Source: DNA

Karnataka: Police arrest techies for chanting Pro-Modi slogans at Rahul Gandhi event in Bengaluru

The police officers who were supposed to act to save the techies from being attacked by the Congress 'goons' not only remained silent but also unleashed its force against them for chanting pro-Modi slogans.
Nehru Gandhi family celebrates birthday in aeroplane

A Pulitzer Prize winning report on Priyanka Gandhi’s aeroplane trip by Mausambi Singh

Priyanka Gandhi took an IndiGo flight from Delhi to Lucknow, and it was a flight to remember.

Fact Check: Did 350 people convert to Islam in New Zealand after the Christchurch Mosque attack?

Many people spreading a fake news on social media that 350 people converted to Islam in New Zealand after the Christchurch Mosque attack

Aaj Tak channel spots lone anti-BJP voice in a crowd in viral video, uses him in multiple shows to attack BJP

Aaj Tak picked an anti-BJP man from a viral video where he was arguing with dozens of people
When Manohar Parrikar found $3 billion of our money lying forgotten in a US account

When Manohar Parrikar found $3 billion of our money lying forgotten in a US account

Defence Minister Manohar Parrikar had revealed that he had found $3 billion (or Rs 20,000 crore) of Govt of India money lying forgotten in a US account.

Shabbir Gurfan from Surat arrested for sending obscene pic to Barkha Dutt, three others for sending obscene texts

Shabbir Gurfan Pinjari, a Surat resident who allegedly sent Barkha Dutt a d*ck pic, works as a butcher
Mamata Banerjee shielding her family

West Bengal police shields wife of Mamata’s nephew as she is caught with 2 kg gold at Kolkata airport: report

This news has led a political storm where political parties are questioning the delinquency and the bias of the West Bengal Government

131 chartered accountants debunk the politically motivated baseless allegations of some economists and social scientists

CAs appeal to the professionals around the world to come together to present the true picture of India and counter baseless allegations with political motivations

Indifference to ‘slow poison’ in Indira Canteens shows how ‘secularism’ is literally killing people

No onion and garlic in school midday meals becomes an issue, but E. coli in Indira Canteen meals does not

As Congress appears lazy about its election strategy, journalists get restless with polling dates approaching

Some journalists, as we know, have been known for trying to push a narrative through their tweets and articles for quite some time now

Latest articles

Connect with us

147,522FansLike
119,067FollowersFollow
30,001SubscribersSubscribe

Don't miss these


Share This Post and Support: