Hexaware's Billion-Dollar IPO Faces Tepid Demand in India’s Market

In a significant development for the Indian financial landscape, Hexaware Technologies Ltd.'s ambitious IPO, valued at a staggering $1 billion, is encountering unexpected challenges as it struggles to attract potential investors. The software services company, which is a key player in the IT sector, aimed to capitalize on the bustling demand for technology stocks in India but is now finding itself in a precarious position.

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