Hi Sonu Kapoor,
Thank you for contacting Telerik Support.
Unfortunately the News View control is not finished yet. When it is you will be able to edit the template for the list view from the designer to choose which fields to show or not. You will be also able to create new templates and set different news views to use different templates. Please take a look at the attached screen shot to see where this will functionality will be accessible from.
All the best,
the Telerik team
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