In a memo to the India Today group this morning, founder-chairman Aroon Purie announced that Gupta will no longer be Editor-in-Chief.

The memo reads: "Shekhar has spent the last two months getting to know the organization, and we him. After much thought and discussion, we have decided to restructure our arrangement to our mutual benefit.

From today, I will resume the responsibilities of Editor-in-Chief and he will be Editorial Advisor to the India Today Group even as he pursues his creative and entrepreneurial interests. 

His widely read weekly column, National Interest, will continue to be published plus other long form articles, which he will write exclusively for the magazine.

Shekhar, a dear personal friend, remains passionate to the India Today Revamp Project and will support me and the team. He will attend India Today weekly news meetings to brainstorm with us. He will be available to all of you as a sounding board, critic, and mentor."

Just two months ago, Gupta left The Indian Express after a 19-year-long run to join the India Today Group, as its Vice-Chairman.