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Friday, March 31, 2000

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Luring visitors through stock options

Our Bureau

MUMBAI, March 30

IN a bid to attract visitors to its e-commerce resource portal site, India E-commerce Ltd has announced a viewer stock option plan (VSOP), according to a press release from the company.

As part of the plan, the company will give away 100 shares free to one visitor everyday for one month, starting from

April 5. The visitors have to log on to the site www.indiaecommerce.net and select the VSOP banner to enter the contest. The company will then make a random selection and give away the shares, said the release.

The company also plans to introduce online payment services for railway tickets, air tickets, insurance policies, tour packages, investment in mutual funds and IPO among others.

According to the release, India E-Commerce has identified four areas of growth: establishment of vertical B2B portals, secure servers for online payments, distribution of internet hardware appliances and e-commerce software solutions as well as developin g m-commerce solutions.

The company, which has a paid up capital of Rs. 3 crores, also has plans to enter the demat segment in the near future.

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