Moneycontrol PRO
you are here: HomeNewsIndia

Storyboard18 | Dentsu's Mumbai office "raided" by IT dept

Industry sources said that the raid on Dentsu's Mumbai office is allegedly related to one of its clients, a global smartphone brand that the agency has worked with.

July 05, 2022 / 10:11 PM IST
Source: ShutterStock

Source: ShutterStock

The Mumbai office of Dentsu International was raided by the Income Tax department today, industry sources have confirmed to Storyboard18. Employees of Denstu were also asked to work from home until further notice, as per sources.

Senior advertising executives familiar with the matter added that the raid on Dentsu's Mumbai office is allegedly related to one of its clients, a global smartphone brand that the agency closely works with that was under the scrutiny of the IT department.

Sources have also confirmed that other clients have started calling the agency's executives. Agency officials are informing their clients that it was "a routine check."

Storyboard18 has reached out to Dentsu International with queries.

Dentsu's woes continue? 

Close

In 2020, Dentsu announced it would cut the number of global brands from 160 to six as part of a major transformation of the Tokyo-based group’s international operations. The group has seen a series of senior-level exits in the past year and a half.

But things had been looking up for Dentsu when one of its campaigns went on a winning spree at major international award shows including the Cannes Lions. The agency also won the coveted Agency of the Year title.

(This is a developing story, check back for more updates)
Priyanka Nair is Assistant Editor of Storyboard. Storyboard is Network18's flagship platform focussed on the advertising & marketing community and a leading source of news and analyses on the business of brands
first published: Jul 5, 2022 10:10 pm
Sections
ISO 27001 - BSI Assurance Mark