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The online banner ad market will grow at 40% to reach Rs 350 crores by 2008-09 from its current size of Rs 235 crores [2007-08]. That is according to a just released study titled “Online Banner Advertisement in India” by the Internet and Mobile Association [IAMAI] and IMRB.
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Effective December 1, Rajamannar will step down after serving in the role for 12 years.
Morris joined the holding company in January 2024.
Accenture Song, Omnicom, Publicis and WPP have been battling for the account.
European Union is the last remaining jurisdiction where Omnicom is poised to win approval.