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Omnicom gets more of Mudra, ups stake to 51%

Anil Ambani's Mudra Group will let American company Omnicom increase its stake to a majority 51%. While Mudra says this strategic partnership will take the agency forward, it signals the dwindling Indian ownership in the advertising business, reports CNBC-TV18's Animesh Das and Anuradha Sengupta.

first published: Oct 31, 2011 09:30 pm

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