News Broadcasting
TV18, Balaji scrips shine on strong Q1 results
MUMBAI: This is a result investors may have been waiting for. Television Eighteen put up a robust first quarter performance, pulling the scrip up by Rs 13 to close today in the BSE at Rs 605 in a market that slipped 61 points after four days of continuous rise.
On the television front, TV18 has doubled its revenues over the year-ago period while net profit has jumped 65 per cent to Rs 138.21 million. The company now has four channels – two in the business space and two general news channels.
The Group’s internet business is also poised for a scale up, having crossed $1 million (Rs 46.75 million) in the quarter. TV18 is eyeing acquisitions and will soon re-launch jobstreet.com and yatra.com. The company has already announced plans to hive off the internet business which will make it attractive for strategic investors.
“The scrip could lift up further, based on these results. The valuation of the internet business will also be interesting,” a market analyst says.
Balaji Telefilms, which announced its first quarter results yesterday, is the other media scrip which climbed 4.34 per cent to close the day at Rs 109.45 in the BSE. Analysts say this was on the back of a 39 per cent jump in the TV content producer’s net profit to close the quarter at Rs 173.77 million.
The market is yet to be enthused by UTV’s deal with Walt Disney Company, shedding marginally in the BSE to close 1.8 per cent down at Rs 168.65. The global media major had bought out Hungama TV and taken a 14.9 per cent stake in UTV for a total consideration of $44.5 million (approximately Rs 2 billion).
“The scrip will gain value once Disney chalks out a joint plan with UTV. It is not clear yet where Disney wants to take UTV forward,” says a market analyst.
Among the other media stocks to fall are Zee Telefilms (2.24 per cent to Rs 257.20) and NDTV (from Rs 156.2 to Rs 155.30). TV Today almost stayed flat to close at Rs 76.60.
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.
