Mehta died of multi-organ failure. AIIMS spokesperson Amit Gupta confirmed the news of his death.
Mehta, the founder-editor of Outlook magazine, was born in Rawalpindi (now in Pakistan) on February 1, 1942, and was the editor-in-chief of Outlook magazine till 2012.
Before his stint with Outlook, Mehta had launched The Pioneer newspaper in Delhi almost three decades ago. Mehta was known for his style of bold journalism.
Prime Minister Narendra Modi condoled Mehta's death on social networking site Twitter.
Frank & direct in his opinions, Vinod Mehta will be remembered as a fine journalist & writer. Condolences to his family on his demise.
Frank & direct in his opinions, Vinod Mehta will be remembered as a fine journalist & writer. Condolences to his family on his demise.— Narendra Modi (@narendramodi) March 8, 2015