Bharti Hexacom set to debut after India’s biggest IPO in a year

Bharti Hexacom Ltd, a telecom service provider, is beginning trading today following its successful initial public offering (IPO) that raised 42.75 billion rupees ($514 million), marking it as India's largest IPO in about a year. The offering, which sold shares at 570 rupees each through shareholder Telecommunications Consultants India Ltd, was highly successful, drawing bids more than 30 times the number of shares offered.