JUNE 20268TOP STORIESto deepen its technology-led transformation while preserving its relationship-driven legacy.The bank plans to continue investing heavily in artificial intelligence, data analytics, cybersecurity, and digital infrastructure, aiming to build a more agile and intelligent banking ecosystem capable of responding to evolving customer expectations.The statement comes on the back of what SBI described as a landmark financial year, where it strengthened its leadership across key segments while accelerating its shift into a technology-driven financial institution. While the report does not dwell on short-term metrics alone, it signals a structural pivot in how India's largest bank is preparing for the next decade. JK Tyre India's third-largest tyre manufacturer by revenue, is entering a decisive investment cycle with a planned capital expenditure of Rs 4,900 crore through FY30.The company's leadership has positioned this outlay as a forward-looking response to sustained demand visibility across both passenger and commercial vehicle segments.Chairman and Managing Director Raghupati Singhania has indicated that the expansion will lift overall capacity by nearly 25 percent, with a clear strategic tilt toward high-growth and high-margin categories.The company's recent financial performance provides the context for this aggressive stance. For the March quarter, JK Tyre reported a 94 percent year-on-year jump in net profit to Rs 199 crore, supported by a 12 percent rise in consolidated revenue to Rs 4,233 crore. EBITDA grew 42 percent to Rs 546 crore, with margins expanding to 12.9 percent.For the full fiscal year FY26, net profit rose 52 percent to Rs 786 crore, while revenue reached a record Rs 16,384 crore, up 11 percent. EBITDA for the year stood at Rs 2,089 crore, with margins at 10.8 percent. These numbers point not just to cyclical recovery but to operating leverage beginning to play out. FMCG companies are bracing for another round of price hikes as persistent raw material inflation continues to strain cost structures, according to a Systematix Research report.The sector has already witnessed price increases of 3­7 percent over the past one to two months, driven by an 8­10 percent surge in input costs, and further hikes or grammage cuts now appear imminent.The report underscores that companies across food & beverage (F&B) and home & personal care (HPC) segments are increasingly relying on a combination of pricing strategies, product mix adjustments, and cost efficiencies to offset inflationary pressures. However, this shift toward price-led growth signals a structural change in how FMCG companies are managing profitability in a volatile input cost environment. The latest LNG shipment from Abu Dhabi National Oil Company (ADNOC) to India through the Strait of Hormuz has offered a fresh sign of stability in regional energy trade, as Gulf exporters cautiously resume fuel deliveries despite ongoing geopolitical tensions.State Bank of India (SBI), the country's largest lender, has outlined a forward-looking strategy that positions the banking sector as a central enabler of India's Viksit Bharat vision. SBI, Chairman C S Setty emphasised that the bank is not only witnessing an inflection point in growth but also carrying the responsibility of supporting national economic transformation through capital mobilisation, financial inclusion, and infrastructure financing.Setty highlighted that SBI's strategic direction will remain anchored in a "Digital First, Customer First" approach--an articulation that reflects the bank's intent JK TYRE'S RS 4,900 CR INVESTMENT TO DRIVE 25% CAPACITY GROWTHSBI BETS ON DIGITAL FIRST STRATEGY TO DRIVE VIKSIT BHARAT VISIONCOST INFLATION FORCES FMCG FIRMS TO RETHINK PRICING STRATEGIESADNOC LNG TANKER HEADS TO INDIA AS HORMUZ GAS ROUTE REOPENS
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