News Broadcasting
Network18 reports strong Q1 growth of Rs 3141 crores
Mumbai: Network18 Media and Investments Ltd reported consolidated operational revenue of Rs 3,141 crore for the quarter ending 30 June, fueled by impressive performances in the sports and news segments. The company’s digital portfolio also expanded in both reach and engagement.
Network18 stated that its subsidiary Viacom18 has continued to invest in the sports and news sectors to drive future growth. The company noted that even though these segments are still in the development phase, they have rapidly achieved a strong brand presence and consumer recognition.
TV News portfolio delivered 30 per cent advertising growth during the quarter. The network leveraged its leadership positions across key markets and election-linked advertising tailwinds to deliver industry-leading ad growth. EBITDA for the quarter saw a turnaround as revenue grew 14 per cent while costs were flat. The TV news network posted EBITDA of Rs 40 crore in Q1FY25, a 46 per cent increase (YoY).
JioCinema achieved record digital IPL viewership during the quarter. IPL 2024 reached 620 million viewers, marking a 38 percent increase from the previous year. “Engagement also saw a significant rise, with audiences spending a total of more than 350 billion minutes watching the most popular annual sports event, over 50 percent higher than last season,” the company reported.
Meanwhile, Network18 group’s digital brands solidified their leadership positions over the quarter, experiencing a substantial rise in monthly unique visitors. “With approximately 250 million unique visitors, Network18 narrowed the reach gap with the leader to about 10 percent, down from over 50 percent in March 2023,” the statement revealed.
Network18’s digital news business recorded a 34 per cent growth in Q1FY25, with total revenue reaching Rs 109 crore compared to Rs 81 crore in the same quarter of FY24.
The digital news portfolio of Network18 experienced a significant increase in monthly unique visitors. With 250 million unique visitors, Network18 narrowed the reach gap with the leader to just 10 per cent, down from over 50 per cent in March 2023.
Moneycontrol maintained its position as the top player in both reach and engagement metrics, driven by comprehensive coverage of economic and market-related topics. Key engagement metrics such as monthly page views, time spent, and sessions were 20 per cent-70 per cent higher than those of the nearest competitor.
Moneycontrol Pro surpassed 8.1 lakh paid subscribers, solidifying its status as the leading subscription-based news platform in India and one of the top three in Asia, according to FIPP’s Digital Subscription Report.
News18.com established itself as the leading platform for non-English language consumers in India during the last quarter. The platform’s reach expanded significantly due to editorial and product initiatives, resulting in a 50 per cent increase in monthly average unique visitors quarter-on-quarter and a 100% year-on-year growth in on-platform video views. News18’s mobile app saw an increase in MAUs, and the News18 Connected TV app was launched for platforms like Android, Samsung Tizen, and Firestick.
Firstpost’s coverage of international events from an Indian perspective continued to drive reach and engagement throughout the quarter. The platform saw a 67 per cent increase in monthly active users and page views following the launch of its revamped website. On counting day, the website’s traffic doubled compared to normal days, with time spent increasing fourfold. Firstpost’s growth on YouTube also continued, with the subscriber count surpassing the five million mark.
News Broadcasting
Induction cooktop demand spikes 30× amid LPG supply concerns
Supply worries linked to West Asia tensions push households and restaurants to turn to electric cooking alternatives
MUMBAI: As geopolitical tensions in West Asia ripple through global energy supply chains, the familiar blue flame in Indian kitchens is facing an unexpected challenger: electricity.
What began as concerns over the availability of liquefied petroleum gas (LPG) has quickly evolved into a technology-driven shift in cooking habits. Households across India are increasingly turning to induction cooktops and other electric appliances, initially as a backup but now, for many, a necessity.
A sudden surge in demand
Recent data from quick-commerce and grocery platform BigBasket highlights the scale of the shift. According to Seshu Kumar Tirumala, the company’s chief buying and merchandising officer, demand for induction cooktops has risen dramatically.
“Induction cooktops have seen a significant surge in demand, recording a fivefold jump on 10 March and a thirtyfold spike on 11 March,” Tirumala said.
The increase stands out sharply when compared with broader kitchen appliance trends. Most appliance categories are growing within 10 per cent of their typical demand levels, while induction cooktops have witnessed explosive growth as households rush to secure an alternative cooking option.
Major e-commerce platforms including Amazon and Flipkart have reported rising searches and orders for induction stoves. Quick-commerce apps such as Blinkit and Zepto have also witnessed stock shortages in major metropolitan areas including Delhi, Mumbai and Bengaluru.
What was once considered a convenient appliance for hostels, small kitchens or occasional use has suddenly become an essential addition in many homes.
A crisis thousands of miles away
The trigger for this shift lies far beyond India’s kitchens.
Escalating conflict in the Middle East has disrupted shipping routes through the Strait of Hormuz, one of the world’s most critical energy corridors. Nearly 85 to 90 per cent of India’s LPG imports pass through this narrow waterway, making the country particularly vulnerable to supply disruptions.
The ripple effects have been swift.
India currently meets roughly 60 per cent of its LPG demand through imports, and tightening global supply has already begun to affect domestic availability and prices.
Earlier this month, the price of domestic LPG cylinders increased by Rs 60, while commercial cylinders rose by more than Rs 114.
To discourage panic buying and hoarding, the government has also extended the mandatory waiting period between domestic refill bookings from 21 days to 25 days.
Restaurants feel the pressure
The strain is not limited to households. Restaurants, hotels and roadside eateries are also grappling with supply constraints as commercial LPG availability tightens under restrictions imposed through the Essential Commodities Act.
In cities such as Bengaluru and Chennai, restaurant associations report that commercial LPG availability has dropped by as much as 75 per cent, forcing many establishments to rethink their kitchen operations.
Some restaurants have reduced menu offerings, while others are rapidly installing high-efficiency induction systems, creating hybrid kitchens where electricity now shares the workload with gas.
For smaller eateries and roadside dhabas, the shift is less about sustainability and more about survival.
A potential structural shift
The government has maintained that there is no nationwide LPG crisis and has directed refineries to increase production to stabilise supply.
Nevertheless, the developments of March 2026 may already be triggering a longer-term behavioural shift.
For decades, LPG has been the backbone of cooking in Indian households. However, recent disruptions have highlighted the risks of relying on a single fuel source.
Increasingly, households appear to be hedging against uncertainty by adopting electric cooking options to guard against price volatility and delivery delays.
If the current trend continues, the induction cooktop, once viewed as a niche appliance, could emerge as a quiet symbol of India’s evolving kitchen economy.
