Industry sources said imports have remained subdued due to a lack of price parity. The extension is aimed at securing supplies whenever international prices ease enough to make imports viable., Industry, Times Now

Infosys reported a 6.23% year-on-year rise in Q2FY27 net profit to ₹7,823 crore, while revenue increased to ₹49,244 crore. The company approved an interim dividend of ₹26 per share.

American Express posted adjusted earnings per share of $4.68, beating expectations. The company guided full-year earnings to a range of $17.60 to $17.90 per share.

IndusInd Bank reported a 51% increase in net profit for the second quarter of fiscal year 2026-27, reaching ₹1,242 crore. The bank also announced the appointment of Priyanka Sinha as an Additional Director.

THE HAGUE, Netherlands (AP) — SLB LTD (SLB) on Friday reported third-quarter earnings of $735 million. The The Hague, Netherlands-

SBI Cards and Payment Services Limited announced a 75 per cent year-on-year increase in its profit after tax for the quarter ended September 30, 2026. Total revenue also rose by 3 per cent.

In US Dollar terms, Infosys reported revenue of $5,145 million. A CNBC-TV18 poll had projected the figure to be $5,151 million. On a sequential basis, US Dollar revenue grew by 1.3%.

EBITDA reached INR 84.6 billion, up about 500% year on year. The order book stood at INR 3.5 trillion.