Infosys Q3 results: Net profit slips 2.2% to Rs 6,654 crore; revenue climbs 8.9% to Rs 45,479 crore

IT services major Infosys on Wednesday reported a 2.2 per cent decline in consolidated net profit to Rs 6,654 crore for the October–December quarter of FY26, even as revenue from operations rose nearly 9 per cent year-on-year.The Bengaluru-headquartered company had posted a net profit attributable to owners of the company of Rs 6,806 crore in…

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US sales data: Retail sales rise 0.6% in November as holiday spending picks up; wholesale inflation stays modest

US retail sales rose a better-than-expected 0.6% in November as holiday shopping gathered momentum, following a revised 0.1% decline in October, according to data released by the Commerce Department. The report was delayed by more than a month due to the 43-day federal government shutdown, AP reported.Retail sales had edged up 0.1% in September, after…

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