B2B Business Directory

 

With the dawn of technology, need for more number of buyers for your products has increased. Internet acted as a starter for online business activities. It gave rise to B2B marketplace which is a virtual place to put your products and promote them online. It is a marketplace where buyers and sellers come together at one stage and communicate each other to get business deals from local as well as international companies.
Business relationships are formed by registering your company on b2b portal and making trade deals. Becoming a featured member can help you to be placed on top of the list of buyers and sellers and you will get more business opportunities. Breaking geographical boundaries, it has a power to expand work area globally just with few clicks. It can be called as a strong weapon to fight with time and place barriers of doing any kind of business from anywhere. As well you can go online with any number and any type of product, either consumer oriented or industry specific.
There is no need to advertise your products at any location.<a href="http://www.way2trading.com/">B2B portal</a>  also allows for targeted advertising of products and services. It offers cut down costs of marketing and advertising products using physical efforts and medium other than internet. Product images and its descriptions are uploaded on trading site and business is carried out virtually using these websites.<a href="http://www.way2trading.com/">B2B Business Directory</a> provided by b2b portals accepts, store and retrieve all the details regarding buyers and sellers. There are separate sections in directory for various business persons such as manufacturers, suppliers, importers, exporters, wholesalers etc. You can access information of each other, study and make decision to which product, buyer or seller you should deal with.
Importers and exporters can surely use such trade portals to get secured buy leads and sell leads. If you are in search of faithful business deals, you can deal with listed members in a business directory possessing trust seal. It is a kind of verification and authorization of member carried out by b2b site itself. This feature will provide safe business trade. Being not only safe, convenient but also reliable source, B2B online trading portal offers information of company and its products in summarized or detailed form as per requirement.
B2B marketplace is regarded as an excellent invention by plenty of its users. Due to a common platform, worldwide buyers and sellers, importers and exporters can save their time and money of meeting each other by travelling miles along. It benefits both parties at a time with the increase in trade leads, sales progression and revenue maximization. Profits are amplified due to internet connections, easy contacts among buyers and sellers and the shortest trading intervals. Use business portals and get lots of benefits!

Author's Bio:
Keshav Dussal is the author of article. He has been demonstrating his writing skills by writing the articles for <a href="http://www.way2trading.com/">B2B marketplace</a>  from last two years. He also has a keen interest in writing stuff for <a href="http://www.way2trading.com/">global business directory</a>  related topics. He has written various articles on <a href="http://www.way2trading.com/">B2B Business Directory</a>  .

Sebi unhappy with govtmove on hike in LIC holding cap

Mumbai, 15 December

On the heels of the insurance regulator raising concern on the government move to allow Life Insurance Corporation ( LIC) to own up to 30 per cent in a firm, the securities market watchdog has expressed displeasure over the step.

The Securities and Exchange Board of India ( Sebi) feels the move could lead to violation of the country’s takeover laws.

According to the latest takeover rules, an entity acquiring 25 per cent or more in a firm has to make an open offer to buy an additional 26 per cent from public shareholders. That means, if LIC’s investment in a firm exceeds 25 per cent, it would have to buy another 26 per cent from non- promoter shareholders. If the open offer is fully subscribed, the insurer would end up holding as much as 51 per cent, breaching the cap of 30 per cent.

The thinking within Sebi is that LIC — the biggest domestic institutional investor — might get away without making an open offer, even if it purchases beyond the permissible limit.

“Though LIC has been allowed to buy up to 30 per cent, there is no clarity on what happens if open offer is triggered,” says a senior Sebi official on the condition of anonymity. It is, however, unclear whether Sebi has officially conveyed its displeasure to the finance ministry.

The step has also met with criticism from the Insurance Regulatory and Development Authority ( Irda), which thinks high exposure to a stock is “ imprudent”.

Earlier, LIC, too, was governed by the insurance Act, which says no insurer can invest more than 10 per cent of the fund or 10 per cent of the firm’s stake, whichever is lower.

An Irda official said the issue of takeover code violation as a result of the step was raised before the finance ministry. “ The ministry was apprised of the risks in letting LIC pick up to 30 per cent in a company. The possibility of an open offer trigger getting breached was also discussed.

However, the ministry went against our recommendations,” said a senior Irda official who didn’t want to be named.

A senior LIC official indicated the insurer might seek an open- offer exemption from Sebi in the event of open offer being triggered. “ We would not go and invest 30 per cent in all companies.

However, if we decide to raise our stake in a firm in the future, we will see how to go about it. Sebi had made some exceptions when we decided to invest 26 per cent in a public sector bank. I believe exceptions have been made and could be made in future in specific cases.” The market regulator had exempted LIC from making an open offer when its shareholding had breached the threshold limit in Corporation Bank.

For full report, visit www. business- standard. com

Regulator fears the insurer may get away without making an open offer

Company name LIC shareholding (%) Corporation Bank 25.49 TCM 23.72 Simplex Realty 22.92 Gloster 22.50 Standard Battery 20.89 Modella Woollens 19.47 MTNL 18.81 L& T 17.70 PTC India 15.75 Tata Steel 15.00

Source: Capitaline Compiled by BS Research Bureau HIGH STAKES Currently, LIC holds more than 20% in 5 firms Abolish 25% margin money in PSU share auction: Sebi told

The finance ministry has written to Sebi to do away with the 25 per cent margin money requirement for institutions bidding during the PSU stake sale through the auction route. The ministry, according to official sources, has also urged Sebi to extend the time for accepting bids by bourses to 5: 30 pm from 3: 30 pm during the auction process. These suggestions, they said, would help generate more demand during the stake sale process, as investors would not have to worry about providing funds upfront for making bids. “ We have written to Sebi to abolish margin money, at least for institutional investors. It will help generate better response for PSU shares,” the official said. PTI