The President and CEO of Omnicom, was in India in November to acquire the controlling stake in Anil Ambani’s Mudra Group. He has been working overtime to make up for a slow start in India and emerging markets around the world.
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.
Where, on one hand, Sebastian Parayil Joseph gives a complete lowdown on the challenges faced by CIOs today, he also lists down a few trends that can help them tackle these issues.