Ministry of Railways took action after passengers found worms in Amul curd and food served onboard a Vande Bharat train, with a video surfacing online. IRCTC has been fined ₹10 lakh while the onboard service provider has been penalised ₹50 lakh and its contract has been terminated. Ministry of Railways said, "Passenger safety and quality remain our top priority."

Competition Commission of India (CCI) approved Japan's Mitsubishi UFJ Financial Group (MUFG) Bank's proposal to acquire a stake in Shriram Finance on Wednesday. "Commission approves the acquisition of certain shares in Shriram Finance Limited (target) by MUFG Bank Ltd (acquirer)," CCI said. In December 2025, MUFG Bank said it would acquire 20% stake in Shriram Finance for ₹39,618 crore.

Days after Josh D'Amaro became Disney's CEO, OpenAI announced that it was shutting down its Sora video app, ending a planned partnership in which Disney would have invested $1 billion, Bloomberg reported. Additionally, Epic Games, in which Disney owns a stake, laid off over 1,000 employees, raising concerns about Disney's $1.5 billion investment in digital universe for its characters.

LIC has received ₹6,146.71 crore income tax demand and ₹953.25 crore interest for FY2021-22, according to a regulatory disclosure dated March 25. According to the disclosure, the tax demand stemmed from various additions and disallowances that were identified by the tax authority. The corporation said the order is appealable before the Commissioner of Income Tax (Appeals).

Novo Nordisk, the company behind Ozempic, has taken Dr Reddy's to court, stating that the latter's new diabetes drug Olymviq sounds similar to Ozempic. Novo Nordisk fears that people might mix the two brands, following Ozempic's patent expiration in India. The court has temporarily stopped the launch of Dr Reddy's Olymviq and has suggested that they pick a different name.

Meta is laying off a few hundred people across multiple teams, Reuters reported citing a source. The cuts would reportedly affect Meta's Reality Labs division, social media teams and recruiting operations. Meta had nearly 79,000 employees as of December 31, 2025, according to its annual filing.

Corcept Therapeutics (CORT) stock soared 35% after the FDA approved its ovarian cancer drug, Relacorilant (Lifyoril), ahead of schedule. The approval covers the drug for use with chemotherapy to treat adults with platinum-resistant ovarian, fallopian tube, and primary peritoneal cancer.

Proposals under Finance Bill 2026 give tax authorities wider powers to reopen past assessments if there are any relevant findings. Taxpayers will now get 30 days to reply to a notice. The bill also protects tax officials' decisions from being challenged on technical grounds. It seeks to extend tax deductions for certain Special Economic Zone units to 20 years.

Coinbase stock rose nearly 4% after integrating Chainlink's DataLink service to publish institutional-grade exchange data on-chain. This move aims to improve pricing accuracy and transparency in DeFi. It follows the recent launch of perpetual futures trading, as the company deepens its decentralized finance strategy.

Cipher Mining (CIFR) stock rose over 6% after signing a 15-year lease for a new AI-focused data center with a hyperscale tenant. The company also secured a $200 million credit facility for financial flexibility. This AI pivot gained traction as Galaxy Digital increased its stake, holding over 3.3 million shares.