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>  .

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Intorduction to way2trading.com

Way2trading.com is a world’s largest B2B Marketplace that assists manufacturers, suppliers & exporters directory and largest yellow pages of World,with listing of indian& International companies. Find here quality products and trade leads,

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Fortis arm to sell Aussie stake to UK firm

The Singapore subsidiary of Fortis, promoted by Malvinder Singh and Shivinder Singh, would divest its 64 per cent stake in Australia- based Dental Corporation Holdings to the UK- based healthcare organisation Bupa. The deal, valued at A$ 270 million ( around ₹1,550 crore), was expected to be completed in March 2013, the company said in a statement today.

According to the company, the proceeds from the divestment would be utilised to reduce the healthcare major’s current financial leverage of around ₹4,500 crore.

“The divestment proceeds will go towards strengthening Fortis’ balance sheet, bringing it closer to its net debt- to- equity target ratio of 0.6x,” the statement said.

Fortis, which entered the dental chain in January 2011, expanded it from 140 practices to 190 in Australia and New Zealand.

However, the operations of the dental chain remained confined to the two countries and, in spite of exploration and backing from its parent, it could not do in other geographies as well as Fortis had envisaged.

“As a premier healthcare company, we are quick to assess the competitive landscape, the opportunities for growth and emerging trends... The move is good for Fortis as it aligns the company with its current strategic priorities,” Fortis Executive Chairman Malvinder Singh said. “ This will help consolidate our presence as one of the fastest- growing healthcare companies in the region,” he added.

The ₹1,550- cr deal expected to be completed by March

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

VLCC Buys Malaysian Wellness Firm Wyann Delhi firm’s first foreign buy estimated at . 100-150 cr OUR BUREAU NEW DELHI

VLCC Buys Malaysian Wellness Firm Wyann

Delhi firm’s first foreign buying estimated at . 100-150 cr

OUR BUREAU NEW DELHI 

VLCC has acquired a majority stake in Malaysian slimming and personal care firm Wyann International, the Delhi-based beauty and slimming services firm said on Thursday. 
The deal is estimated at . 100-150 crore, though VLCC officials declined to comment on the deal size. 
This is the first foreign acquisition by VLCC, which has company-managed operations in nine countries across South Asia and the Middle East. 
“This is not only significant as our first step beyond South Asia and the Middle East but also as our first move to grow through acquisition,” Mukesh Luthra, group chairman at VLCC, said. 
Kuala Lumpur-based Wyann International (M) owns and operates a chain of 22 slimming and beauty outlets across Malaysia, offering specialist services and products under its Bizzy Body, Facial First and Masculine brands. 
ET had first reported that VLCC was in advanced talks to buy out Wyann last month. 
The . 700-crore VLCC had been trying to acquire businesses in the wellness and personal care space for close to two years now and had reached due diligence stages, but talks did not materialise. 
The beauty and wellness firm has simultaneously mandated banker JM Financial to help it raise funds of about . 300 crore as it is looking to accelerate its businesses. 
VLCC expects to be a . 1,500 crore firm by 2015. International operations contribute 30% to VLCC’s topline. 
The deal will give VLCC access to the South Asia market, where it plans to expand operations by adding new wellness centres, vocational education institutes in beauty and nutrition and rolling out VLCC Personal Care, its line of herbal skin, hair and body care products. The Vandana Luthrapromoted group plans to roll out its products and services to eight additional countries such as Singapore, Indonesia, Thailand, Myanmar, Saudi Arabia, Egypt and Kenya. 
Wyann founder & chief operating officer Yap YannFang said: “We look forward to sharing expertise and knowledge to continue the growth trend in the region.” 
Founder Vandana Luthra and her husband Mukesh hold majority 85% stake in the firm, while 15% is held by Everstone Capital, which picked up the stake in ’07.

VLCC Buys Malaysian Wellness Firm Wyann Delhi firm’s first foreign buy estimated at . 100-150 cr OUR BUREAU NEW DELHI

VLCC Buys Malaysian Wellness Firm Wyann Delhi firm’s first foreign buy estimated at . 100-150 cr OUR BUREAU NEW DELHI  VLCC has acquired a majority stake in Malaysian slimming and personal care firm Wyann International, the Delhi-based beauty and slimming services firm said on Thursday.  The deal is estimated at . 100-150 crore, though VLCC officials declined to comment on the deal size.  This is the first foreign acquisition by VLCC, which has company-managed operations in nine countries across South Asia and the Middle East.  “This is not only significant as our first step beyond South Asia and the Middle East but also as our first move to grow through acquisition,” Mukesh Luthra, group chairman at VLCC, said.  Kuala Lumpur-based Wyann International (M) owns and operates a chain of 22 slimming and beauty outlets across Malaysia, offering specialist services and products under its Bizzy Body, Facial First and Masculine brands.  ET had first reported that VLCC was in advanced talks to buy out Wyann last month.  The . 700-crore VLCC had been trying to acquire businesses in the wellness and personal care space for close to two years now and had reached due diligence stages, but talks did not materialise.  The beauty and wellness firm has simultaneously mandated banker JM Financial to help it raise funds of about . 300 crore as it is looking to accelerate its businesses.  VLCC expects to be a . 1,500 crore firm by 2015. International operations contribute 30% to VLCC’s topline.  The deal will give VLCC access to the South Asia market, where it plans to expand operations by adding new wellness centres, vocational education institutes in beauty and nutrition and rolling out VLCC Personal Care, its line of herbal skin, hair and body care products. The Vandana Luthrapromoted group plans to roll out its products and services to eight additional countries such as Singapore, Indonesia, Thailand, Myanmar, Saudi Arabia, Egypt and Kenya.  Wyann founder & chief operating officer Yap YannFang said: “We look forward to sharing expertise and knowledge to continue the growth trend in the region.”  Founder Vandana Luthra and her husband Mukesh hold majority 85% stake in the firm, while 15% is held by Everstone Capital, which picked up the stake in ’07.