February 10, 2026
Government and LIC to Sell 60.7% Stake in IDBI Bank by March 2026
India’s government and LIC plan to sell a 60.7% stake in IDBI Bank. The government aims to finalize bidders by March 2026. Kotak Mahindra denies bidding. Fairfax may merge IDBI with CSB Bank if successful.
Microfinance Credit Cost Drops to 3.3%, GIC Housing Finance Q3 Profit at Rs 44 Crore
Microfinance credit cost fell to 3.3% in Q3, beating fiscal guidance. GIC Housing Finance posted Rs 44 crore net profit despite rising NPAs and expenses.
Marico Ltd to Buy 75% Stake in Vietnam Skincare Brand Skinetiq
Marico Ltd’s subsidiary will acquire 75% of Skinetiq shares, pushing its D2C strategy in Vietnam. Skinetiq, co-founded in 2020, reported Rs 152 crore revenue in 2025.
Survey Finds Strong Support for Labour Codes Among Workers and Employers
A government survey of 5,720 workers and 715 employers shows broad support for the Labour Codes. Over 60% believe working conditions and income security will improve despite a strike call by trade unions on February 12.
Russian Oil Tankers Name Singapore as Destination Amid Sanctions and Shift to China
Russian oil tankers increasingly list Singapore as their destination to hide true buyers. This move follows India cutting imports after a US deal, leaving China as Russia's top customer.
Feb 19, 2026
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