INDUCTION HOBS
Government relaxes energy efficiency norms for 6 months till January 1 for induction hobs
The government has extended the deadline for strict energy efficiency norms for counter-top induction hobs. The new deadline is January 1, 2027. This move aims to boost electric cooking in India. The extension is significant due to West Asia crisis impacting LPG supply. Induction hobs are more energy-efficient than other electric hobs.
Rapido's new backer; Blinkit gets funding boost
Aravind Sanka's Rapido has added a new investor to its ongoing $600 million round. This and more in today's ETtech Top 5.
Induction cooktops sold out on Amazon, quick commerce apps amid LPG cylinder shortage
Induction cooktops are selling rapidly on ecommerce and quick commerce platforms after a shortage of commercial gas cylinders sparked panic buying. Products are now unavailable on Amazon, Zepto, Swiggy and Blinkit in major cities. The LPG supply pause has also forced restaurants and cloud kitchens to shut or scale down operations.
Not just LPG cylinder shortage, Induction cooktops also going 'out of stock' on Blinkit, Zepto, and Instamart amid Iran-Israel war
LPG Cylinder Shortage: A nationwide rush for induction stoves has left major quick-commerce platforms like Blinkit, Swiggy Instamart, and Zepto struggling with massive stockouts as consumers hedge against a deepening LPG crisis. Fueled by the West Asia conflict and a 90% drop in imports through the Strait of Hormuz, the Indian government has restricted commercial gas supplies, causing a 10X to 20X surge in demand for electric alternatives.
Quick commerce sees brisk sale of induction stoves as people panic over LPG shortage
Eternal-owned Blinkit is offering discounts of up to 72% on cooktops; most products are already out of stock and only limited options are still available. Similarly, Instamart is offering discounts of up to 60% on hobs, and some products are already sold out. Zepto is offering up to 40% discount on premium kitchen appliances, including induction stoves.
Food delivery's war woes; Apple's India ramp up
The Iran crisis will hit food delivery in India as limited cooking gas supplies impact restaurants. This and more in today's ETtech Top 5.
- Go To Page 1
Penalties coming: Electronics cos may face action on foul power play
Manufacturers of ACs, refrigerators, and TVs will face penalties if their products fail energy efficiency tests or if star rating labels are tampered with. This new government measure aims to curb power usage by ensuring appliances meet their declared energy performance standards, following recent BEE findings of non-compliance.
10 Best 3 Burner Gas Stoves: Top-Rated Picks From Glen, Elica, Whirlpool and More
If you have been planning to invest in a high-quality 3 burner gas cooktop, then you are at the right place. Today’s article features a list of the 10 best 3 burner gas stoves from best-selling brands including Glen, Elica, Whirlpool, and more. These gas stoves help save time and energy by allowing you to prepare a variety of dishes simultaneously.
10 Best cookware sets in India to transform your cooking experience
Finding the best cookware sets for your kitchen is essential for creating delicious meals with ease and efficiency. These cookware sets are designed to offer durability, even heat distribution and versatility across various cooking methods, from gas to induction. Key features include non-stick coatings for easy food release and cleaning, ergonomic handles for a secure grip and multi-layer construction for superior heat retention. With a wide range of sizes and styles, these sets not only enhance your culinary skills but also elevate your kitchen aesthetics.
Best Faber Gas Stove in India for Excellent Cooking Experience (2024)
Are you looking for a high-quality stove for your kitchen? If so, then continue reading this article to learn about the best Faber gas stove in India. All of these gas stoves are crafted using high-quality materials, come with excellent finish to look great in your kitchen and are readily available on Amazon.
Best 4 burner gas stove for multitasking with ease and spacious cooking
We've compiled a list of the best 4-burner gas stoves available, catering to a range of needs and preferences. Whether you’re looking for advanced features like auto-ignition and durable brass burners or prioritizing ease of use and affordability, this guide covers top-rated options that deliver reliable performance, safety, and style. Perfect for busy kitchens, these stoves offer ample cooking space and efficient heat distribution to help you prepare meals with ease. Explore our recommendations to find the ideal 4-burner gas stove for your home.
Best Gas Stove 5 Burner in India for Faster & Convenient Cooking (2024)
Are you looking for a gas stove 5 burner in India? If so, then continue reading this article where we have shared a list of such burners which are readily available on Amazon. All of these options are crafted using high-quality materials, advanced technology and you can place your order using the given buying links.
10 Best Three Burner Gas Stoves for Effortless Cooking
Discover the best three burner gas stoves that combine efficiency, safety, and modern design. This article reviews leading models, highlighting their unique features such as auto-ignition, spill-proof trays, and durable brass burners. Perfect for multitasking in the kitchen, these stoves promise enhanced cooking experiences with consistent performance and stylish aesthetics.
Bureau of Energy Efficiency plans norms to make more products energy efficient
The power ministry body, which works on improving energy efficiency of electronic products, also plans to revise the energy efficiency levels of ten existing star-rated products such as refrigerators, ceiling fans, room ACs and distribution transformers this year to push manufacturers to launch more energy-efficient products. Over the next three years, it will make energy labelling norms compulsory for products such as LPG stoves, microwave ovens and induction hobs, which are voluntary at present, said Bakre.
Epack Durables makes a tepid debut at bourses. What should investors do now?
"The stock will likely underperform in the near future. However, the business model may work in the long term and investors who have received allotment can hold the shares instead of booking losses at current levels. The financial performance in the next two to three quarters will drive the rerating for the stock," Avinash Gorakshakar of Profitmart Securities.
Epack Durables shares debut at 4% discount to issue price
Epack Durables Share Price: Epack Durables, a leading room air conditioner manufacturer in India, debuted on the stock exchanges with a 4% discount over the issue price. The IPO, which had a healthy subscription of 16 times, included a fresh equity issue and an offer for sale by selling shareholders. The company plans to use the IPO proceeds for capital expansion and debt repayment. Epack Durables has a strong market share in the domestic air conditioner market and has expanded into the small domestic appliance market. Its revenue and profit have shown significant growth in recent years.
Epack Durable IPO price band set at Rs 218-230/share. Check details
Epack Durable IPO will be open for subscription from January 19 to January 23. It has set the share price band for its upcoming IPO at Rs 218-230 per share. The minimum bid is for 65 equity shares. The IPO comprises a fresh equity issue of up to Rs 400 crore and an offer for sale of up to 10,437,047 shares by selling shareholders including the promoters and group entities. The company plans to use the proceeds to fund capital expansion and repay debt.
Epack Durable IPO will open for subscription on January 19; check details
Epack Durable IPO: The IPO of Epack Durable, the second largest original design manufacturer (ODM) in the Indian room air conditioner manufacturing market, will open for subscription from January 19 to January 23. The IPO includes a fresh equity issue of up to Rs 400 crore and an offer for sale (OFS) of up to 10,437,047 shares by selling shareholders. The company plans to use the IPO proceeds to fund capital expansion and repay debt. The offer is reserved for qualified institutional buyers (QIB), retail investors, and non-institutional investors.
4 companies with strong brands from consumer space that can offer up to 39% returns
There are a set of companies where valuations are not cheap, but analysts have not initiated a sell call, rather they have moved to hold. These companies have strong brands and that has helped them weather out many storms in the past . A strong brand helps a company's weather all storms of an economic slowdown or inflationary pressure and over a period of time it has been witnessed that companies with strong brands are able to pass on increased costs and maintain their margins to a large extent. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list.
5 midcap stocks whose fortunes are tied to festive season sales can rise up to 36%
Right from a jewellery retailer, logistics player, automobile, to consumer electronics player, the bottomline of every company has a relationship with the festive season in India. The only difference is that some companies are more dependent on it, some to a lesser extent. We take a look at midcap stocks from the consumer electricals and electronic space, especially companies which have got into space which can be called as mini white goods as they have strong relationship with festive season sales.
Readjustment of re-rating complete; 4 stock ideas with strong brands from 3 sectors
After witnessing a strong re-rating for 5 years, companies with strong brands in different sectors but still coming under the umbrella of consumer space have witnessed a consolidation. Even in the current bull run they have not performed as well as they used to do in the past. Is the period of consolidation over?
Electrifying portfolio! 4 stocks from consumer space with upside potential of up to 34 %
While every industry faced supply chain issues in covid, one segment of consumer durable industry had more headwinds to deal with. Right from supply chain disruption to increased raw material prices in the post covid word and now higher inflation. However, after facing all the headwinds, some tailwinds are emerging. Will this bring them back in focus ?
Electrifying portfolio; 4 stocks from consumer electrical space with upside potential of up to 37%
The fortune of some companies is directly tied up with electrification across the country. In the last two decades, electrification and its availability for more hours has changed the fortunes of the electrical goods sector. From being single product companies, they have not only become multi product companies, but some of them also become multibaggers.
5 companies from consumer space, having ‘strong buy’ and ‘buy’ ratings can offer up to 42% returns
A strong brand helps a company's weather storms of an economic slowdown or inflationary pressure. Each sector has its own matrix of advertisement costs which is the most important element for these companies.
Vijay Sales announces 9-days Navratri Sale: Here are all the offer and discount details
As per the festive sale offer, buyers can avail discounts and offers on a series of products including Mobile Phones, Home electronics, entertainment gadgets, appliances and more. There are a series of offers on products including ACs, Refrigerators, Washing Machines, Juicers and Blenders, Water dispensers, Cooking Essentials, laptops and mobile phones.
Singer Stevie Nicks to perform concert in hometown Phoenix. Check details here
Stevie Nicks announced a concert in her hometown while on tour this year. The sale of tickets goes live on July 29.
Stove Kraft issue aggressively priced, needs high risk appetite
Stove Kraft’s increasing profitability in recent months, mainly from cost-cutting measures and improved investor sentiment about the kitchenware segment, may help the company with a positive listing. The three-day IPO opens on Monday.
BSH launches its Direct2Customer platform
There has been a significant escalation of e-commerce adoption in June 2020 compared to the pre-lockdown months, with adoption in tier-3 markets growing faster than metros.
Stovekraft expand into premium small appliances with Black + Decker
The Bengaluru-based company, whose flagship brands include Pigeon and Gilma that together contributes 85% to sales, has entered a partnership with US-based Black & Decker Corporation last year.
Load More
