Hexaware Technologies Ltd. had its major drop in over six years in Mumbai trading after the Indian computer services company said it's probing ``potentially fake'' currency trades that could elicit losses, This action is due to certain keenly concealed and potentially fake foreign-exchange option transactions carry out by one Hexaware official,'' the Mumbai based company said in an e-mailed report, without mention the executive name.

The Indian rupee is headed for major gain in too much three decades this year, inflating the impact of any incorrect bets on the currency. Hexaware last month reported its lowest profit in nine quarters after the rupee's gain gnarled overseas earnings, Hexaware fell 17 percent to 73.70 rupees at the end of trading on the Bombay Stock Exchange, its major decline since July 25, 2001. The shares have drop 63 percent this year; weigh against with a 40 percent climb in India's benchmark Sensitive Index.

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