Company News

Japanese air-conditioning manufacturer Daikin Industries has announced plans to raise prices of its products in India by as much as 12 percent in 2026, citing rising input costs and persistent supply chain pressures. The decision reflects broader trends across the consumer durables sector, where manufacturers are grappling with higher raw material prices, logistics expenses, and currency fluctuations. Industry analysts say the move could influence pricing strategies across the air-conditioning market as companies attempt to maintain margins while sustaining growth.

Indian insurtech company Zopper is preparing for long-term expansion with plans to launch an initial public offering by fiscal year 2029. As part of its growth strategy, the company is targeting a gross written premium (GWP) of approximately Rs. 1,000 crore by fiscal year 2026. The ambitious roadmap reflects the rapid evolution of India’s digital insurance ecosystem, where technology-driven platforms are reshaping distribution and customer engagement.

A disruption in global liquefied natural gas (LNG) supply has triggered a steep increase in retail gas prices by Adani Total Gas Limited, highlighting the vulnerability of India’s city gas distribution sector to international energy market volatility. The company reportedly raised prices significantly—nearly tripling rates in certain segments—after supply constraints tightened availability of imported LNG. The development underscores the delicate balance between global fuel supply dynamics and domestic energy affordability.

Samsung has introduced the Galaxy S26 Ultra, a flagship smartphone that debuts an integrated Privacy Display feature aimed at enhancing user data protection. The device combines high-end hardware performance with a screen technology designed to limit off-angle visibility, reducing the risk of visual data breaches in public settings. The launch underscores Samsung’s broader strategy of blending premium design with enterprise-grade security features as competition intensifies in the global smartphone market.

Global memory chip prices have risen sharply amid tightening supply and renewed demand from artificial intelligence and data center operators, yet Samsung Electronics has indicated that the surge will have limited immediate impact on its broader operations. The company signaled confidence in its inventory management and diversified product mix, even as DRAM and NAND flash prices climb across international markets. Analysts say the price rebound reflects cyclical recovery in the semiconductor industry after a prolonged downturn.

Google has unveiled a breakthrough in web security with the development of Merkle Tree Certificates, designed to future-proof HTTPS against quantum computing threats. Leveraging cryptographic techniques resilient to quantum algorithms, the innovation aims to safeguard internet communications as conventional encryption methods face potential obsolescence. By combining Merkle tree structures with established public key infrastructure, Google promises both backward compatibility and enhanced security verification for digital certificates.

BMW has unveiled a new M Performance Track Kit designed exclusively for the M2, reinforcing the automaker’s commitment to blending road usability with track-focused engineering. The package introduces aerodynamic refinements, chassis upgrades, and performance enhancements aimed at delivering sharper handling and improved lap consistency. Industry analysts view the move as a strategic effort to deepen engagement with driving enthusiasts while expanding high-margin customization offerings.

Motilal Oswal has entered into a USD 100 million financing agreement with the Asian Development Bank to advance green affordable housing initiatives in India. The transaction marks a significant step toward integrating climate-conscious construction practices within the country’s rapidly expanding housing finance ecosystem. The capital infusion is expected to support environmentally sustainable residential projects targeting low- and middle-income segments. Industry observers view the deal as a strategic alignment between private capital and multilateral development goals.

Godrej Properties has strengthened its presence in the National Capital Region through a fresh land acquisition in Gurugram, underscoring its aggressive expansion strategy in high-growth urban corridors. The transaction aligns with the developer’s focus on premium residential projects in supply-constrained micro-markets with strong absorption potential. Gurugram, a key real estate hub driven by corporate demand and infrastructure upgrades, continues to attract institutional capital and branded developers.

Motorola has unveiled the Moto Buds 2 Plus, featuring advanced “Sound by Bose” technology to deliver premium audio quality for music, calls, and immersive media consumption. The earbuds combine Bose-tuned acoustics with active noise cancellation, adaptive EQ, and extended battery life, targeting both tech-savvy consumers and audiophiles. Motorola positions the product to compete in the high-end true wireless audio segment, enhancing brand credibility and ecosystem presence.