Thiruvananthapuram: The Bhoomi Puja of Heather Dawn, a 15-villa project of Heather Infrastructure Private Ltd. at Sreekaryam here, was performed by K.I. Varghese, Deputy General Manager, Federal Bank, on Thursday. S.M. Rajeev, director, Heather Homes, was present. The villas will be a blend of the modern and Vaastu Shastra, the company said.

New tyre showroom

Kochi: JK Tyre & Industries Ltd. has launched JK Tyre Steel Wheels, a state-of-the-art showroom, here, as part of a nation-wide franchise chain of over 125 retail outlets, which, the company says, are one-stop tyre sales and service shop. Services such as computerised wheel alignment and balancing, automated tyre changing, guidance on tyre care and maintenance, tyre rotation and air-checking are provided at the Kochi showroom, according to A.S. Mehta, marketing director. — Staff Reporter

Bank’s net rises

Kochi: IndusInd Bank’s net profit in the second quarter of the financial year has gone up to Rs.77.82 crore, up by 131 per cent, said Romesh Sobti, managing director and chief executive officer, in a press release. The half-year net profit has risen by 211 per cent and operating profit doubled to Rs.155.32 crore. — Staff Reporter