India Today Group’s fortnightly personal finance magazine Money Today will soon become monthly, according to a person familiar with the situation. This is understood to be part of a larger streamlining exercise the group is putting several of its titles through.

Money Today executive editor Alam Srinivas has also stepped down. He confirmed the development. Srinivas has been at the helm for eleven months, prior to which, he was business editor at Outlook. The magazine hasn’t named a replacement.

Living Media CEO Ashish Bagga denied that the magazine was becoming a monthly.