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WNS, an India-based company that is into Business Process Outsourcing, was listed in New York at $1 billion. Will there be a flood of local IPOs from BPOs, expecting such huge valuations? Unlikely
Business Process Outsourcing is a large full-fledged industry today, but there is hardly any company listed from this sector. So, there is no benchmark about their value. The only benchmark has been...
