Debasis Mohapatra
Bengaluru, 27 March 2026
Oil Marketing Companies (OMCs) like Indian Oil Corporation, Bharat Petroleum, & Hindustan Petroleum will be on investors’ radar as Indian government has reduced taxes on petrol and diesel amid rising crude oil prices.
The excise duty on petrol has been cut to Rs 3 per litre from Rs 13 per litre earlier, while the excise duty on diesel has been cut to nil from Rs 10 earlier.
Infosys & LTTS to be on focus:
- Infosys has announced two major acquisitions that it will acquire two U.S.-based firms in all-cash deals: healthcare digital transformation company, Optimum Healthcare IT for $465 million and insurance technology consulting firm, Stratus for $95 million. The company’s share will be on focus as IT earnings will start from next month.
- L&T Technology Services has divested Smart World and Communication (SWC) business to AMI Paradigm Solutions Private Limited (AMI Paradigm).
