Richa Industries Wins Multilevel Car Parking Project for PWD

February 1 2016,  22.10 PM IST || Pocket News Alert

New Delhi : Richa Industries Limited, a leading Construction & Engineering company has secured an order for the Construction of Multilevel (Structural Steel) Car Parking for Public Works Department (PWD), Dehradun, Uttarakhand at Kingkreg in Vidhan Sabha, Mussoorie.

It is a complete turnkey project and the scope of work includes Electrical & Maintenance, Civil work along with PEB. The area of the building is approximately 11,000 sqmt. The multilevel car parking will have ground plus four floors with the total height of 20 meters. The Project value is approximately INR 32 Crores and it is expected to complete by next year in January 2017.

Commenting on this achievement, Dr. Sandeep Gupta, Joint Managing Director, Richa Industries Limited says, “This is the first multilevel car parking project acquired by the company. It will be a ready to use building  at the time of handover as entire interior and exterior of the project is under our scope. We are geared up to carry out the project effectively in the desired time frame at the challenging location and expecting to work on more such projects in the near future.” Forms Strategic Partnership with ICICI Property Services for a Series of Virtual Exhibitions, India’s most innovative and trusted real estate platform, today announced that it has entered in an exclusive one year partnership with ICICI Property Services, a division of ICICI Home Finance Company. Under the partnership, will organize virtual exhibitions during the year which will see participation from various leading developers across India. The virtual exhibitions will not only provide customers with access to rich information on various properties but also empower them to engage directly with their preferred developers at the click of a button.

As a first initiative, will be launching a 21 day virtual exhibition for the developers in Pune on February 2nd, 2016. The 21 day virtual exhibit of properties, presented by is a pilot project that will showcase over 12 projects by 5 leading realtors in Pune and will have exciting offers such as 1% cashback, all inclusive rates etc. The exhibition will witness participation from the leading developers namely Paranjpe Schemes Company Limited, Nyati Group, Naiknavare Developers, Kasturi Developers and Mont Vert Group. Attracting potential home buyers to invest in the real estate sector, the participating developers are expected to exhibit projects with prices ranging from INR 18 lacs. to INR 1.14cr +.

Commenting on the partnership Jason Kothari, Chief Executive Officer, said, “Our partnership with ICICI Property Services will give consumers and developers an opportunity of making the process of Buy and Sell transparent and convenient given that approximately 51% of real estate transactions in India are influenced by Internet today. We are excited that Pune marks the first leg of our one year partnership with ICICI Property Services and we look forward to many more.”
Rajiv Sabharwal, Executive Director, ICICI Bank said, “We, at ICICI Property Services, aim to create thoughtful innovations that drive convenience for customers. In line with this vision, we are partnering with to facilitate online purchase of homes by customers. We believe that the online home buying space is poised for tremendous growth in the coming years. It will enable homebuyers to choose from a wide array of projects online, at their convenience.”’s flagship product, Slice View will enable consumers to take a virtual walk through of houses on every floor in a new project. The customers will be able to get details such as floor plans, facilities, exclusive offers and various payment options. Furthermore, consumers will be able to book their homes online. ICICI Property Services, in partnership with, will play an important role in fulfilment of the leads generated from the exhibition and will take the virtual platform to multiple cities across India.

Recently, entered in an exclusive partnership with MCHI-CREDAI to present a virtual exhibition with over 150 developers showcasing over 400 projects across India. The online expo witnessed an overwhelming response with registrations from 60,000 home buyers and houses worth Gross Merchandise Value (GMV) of Rs. 250 crore were sold during Diwali. The online expo also received significant traction from customers across international markets such as US, UK, UAE and Singapore. has over 1.7 million verified listings on its platform and is associated with over 40,000 developers and agents across India.

Nestlé India Takes New Initiatives for a Gender Inclusive Culture

 Ensuring improved diversity and better work environment for women, Nestlé India has introduced new initiatives under three broad categories. First, it has revised the maternity policy, second the company has made critical interventions for women in the field force and third it has re-looked at the entire recruitment process for better representation, across levels, for new hiring.
Speaking in favour of these revisions, Mr. Suresh Narayanan, Chairman and Managing Director, Nestlé India, said, “One of the key socio – economic opportunities of the 21st century is the increasing role, involvement and contribution of women to the fabric of economic progress that is transforming the world. Indeed the recruitment, nurturing and successful utilisation of women in the workforce is the edifice on which economic success and sustainability of businesses is predicated. At Nestlé, we have a very strong belief and commitment to increasing diversity in our business operations, factories, R&D centres and offices which is articulated in ‘Project Harmony’. We seek to strengthen our company through wholehearted commitment to, and practice of, managing diversity.”
Mr. Narayanan added, “The increasing ambition to seek diversity means that Nestlé is constantly reviewing workplace facilities, enabling measures and pro-active sensitivities to the needs of our women colleagues, as they traverse different stages of their lives. Recruitment of increasing number of women, nurturing talent and retention programs as well as the revised Maternity Policy, all seek to provide nuance, sensitivity and a favourable work environment to women colleagues who choose to be mothers some day.”

LIC Launches e-Services

Life Insurance Corporation of India, India’s largest life insurer has announced the launching of LIC’s e-Services today.  LIC’s e-services will offer repository

services as per the Revised Guidelines by IRDAI on the same.  It was formally inaugurated by Shri T.S. Vijayan, Chairman IRDAI in Mumbai today.  The function was also graced by Chairman, LIC, Shri S.K. Roy, Managing Directors Shri V.K. Sharma and Smt. Usha Sangwan.

Basic services as mandated by IRDAI such as Policy status, Bonus status, loan status, Claims status etc will be available to the customers registered on LIC’s e-Services.

Premier services such as premium due calendar, online premium payment facilitation, premium history, claim history etc will also be available to the registered customers.
LIC commits itself to all digital initiatives for ease of servicing to all customers and by enabling access to policy related information as well as payment of premium anytime anywhere.  The mission to become the insurer of choice for all Indians becomes closer with the launch of LIC’s e-services.