E-commerce has effected radical changes in the business sector 
providing Net-enabled market for all manufacturing sectors, Ranjit 
Goswami, business manager of India Markets, a leading e-commerce service
 provider to corporates in India and South East Asia said. &nbsp;E-business has changed the traditional process of business and could 
remove inefficiencies of the market and thereby helps to add new 
dimension to business by increasing revenue and profit, he said at a 
seminar "Efficient sourcing and reaching out to new markets," organised 
by Singhbhum Chamber of Commerce and Industry on Saturday. <div>
 It allowed prospective buyers and sellers to meet each other at any 
time without any cost, he said, adding online trading was increasing 
rapidly across the globe and by 2003 most of the business houses would 
be connected through e-commerce evaluated market place. Chamber president Nirmal Kabra urged entrepreneurs to take advantage of e-commerce for cost control and better market.</div>

E-commerce changing businesses

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