Here is reseller hosting services company ..

Only On Rackhost.bizReseller Hosting

Experience enterprise class dedicated resources at a fraction of a cost.

2x Intel Xeon 5620 2.40GHz
48 GB DDR3 RAM
4x 500 GB SAS 10.000 RPM
10 TB Monthly Traffic

aha nice i just visit the site its under modification but they r realy good and have good reason able rates

godaddy, hostgator, bluehost, justhost

You can choose anyone of the above depending on your requirements.

Here is another one with india datacenter, its TRIJIT

There are many website available that provide to start web hosting reselling business such as hostnsoft, godaddy etc.

GoDaddy and Hostgator still for me for this year.

Start your reselling hosting business at Reputed and popular hosting company BigRock get Free WHMCS, 50 GB Space, 1000 GB Transfer & Unlimited Websites at http://www.bigrock.in/reseller-hosting.php

I am go with Godaddy.>!!

What are the new updates in this system?

There are a lot of reseller hosting providers in the market. If you are looking to start reselling a hosting business. A CoolHandle Reseller hosting plan gives you complete control over every aspect of your hosting business, from resource allocation to payment methods and what additional services you choose to provide your clients domains, SSL certificates, etc.