AC FIRE
Heat wave over! AC stocks face rain-test after rallying 76% in 6 months
AC stocks surge post heatwave, showing robust growth amidst cyclicality risks. Price hikes fuel expectations of strong growth momentum and secondary sales. Market growth relies on cooler penetration driven by purchasing power, not just rising temperatures.
Summers are over. Should a tactical trade turn into a long-term investment? 5 AC & white goods stocks which surged with the rising temperature
There are many sectors which make it to headlines at a particular time of the year. Like we would see agriculture and irrigation stock coming to headline around budget time, hotel stocks during holiday season. So, while they are cyclical stocks, because their cycles are much shorter as compared to typical cyclical stocks like metals, where cycles may last for many years, they are not typically classified as cyclical stocks. But essentially they are and cyclical stocks are more tactical trade rather than long term investment, which you can buy and forget for years. There is another set of companies who also make it to the headline and probably to the list of top gainers around the same time every year. Companies whose fortunes are linked with what happens in the summer season. This time again it happened, right from AC makers to fan makers to an ice cream company. All have witnessed an upward movement. Should be kept for it is time to say goodbye till next season.
ACs ineffective amidst the heatwave: LocalCircles
A survey by LocalCircles found that 43% of air conditioner users in India find their units ineffective in reducing ambient temperatures to 23-24 degrees during the heatwave. The survey also revealed that air conditioners only reduce indoor temperatures by 20 degrees Celsius compared to outdoor temperatures.
Unrelenting heat sets AC demand on fire, scorches buyers' pockets as India's torrid summer goes on and on
As an unprecedented heat wave drives much of India indoors, AC prices have shot up in most regions of the country. Along with prices, sales too have jumped conspicuously. For some players, keeping pace with rising demand has become quite a task, leading to shortages in several parts of the market.
Kanchanjunga Accident: Vande Bharat comes under fire, Oppn demands Ashwini Vaishnaw's resignation
Kanchanjunga Express Train Accident: The collision between the Sealdah-bound Kanchanjunga Express and a goods train near New Jalpaiguri has resulted in at least 15 deaths. Occurring around 9 am, the incident is attributed to a possible signal disregard by the goods train. Amid the tragedy, Vande Bharat and Railway Minister Ashwini Vaishnaw trended on social media, with opposition leaders criticizing the government for prioritizing the Vande Bharat trains over rail safety. An investigation is underway to determine the exact cause of the accident.
Electrical appliances in focus amid rising household fire cases: Here's how to keep your home safe
As instances of household fires increase in a dreadful summer this year, the spotlight has fallen on the health and age of electrical appliances. Malfunctioning, ageing appliances fitted in homes are leading to fires as high summer heat this year takes heavy a toll on them.
- Go To Page 1
Noida high rise hit by fire due to AC short circuit
Amid frequent fire incidents in ACs this summer season, the Noida Police had recently issued an advisory for the general public to prevent such incidents. "Air conditioners should not be operated continuously. Instead, they should be switched off at regular intervals and regularly serviced to prevent overheating and subsequent fire risks," it added.
DMRC ensures cool commutes at 24 deg C, daily ridership hits 60.17 lakh in May
DMRC ensures comfortable journeys at 24 degrees Celsius for 60.17 lakh passengers in May, amid scorching heat. Record ridership with over 4,200 daily train trips covering 1.40 lakh km, providing relief with pleasant commuting experience.
No casualties reported after fire erupts due to split AC at Lotus Boulevard Society in Noida
A fire broke out in a building at Lotus Boulevard Society in Noida's Sector 100 due to a blast in an air conditioner on Thursday morning. The incident occurred in a flat on the 10th floor, triggering heavy smoke. Fortunately, no injuries or casualties were reported, thanks to the prompt action of security personnel and residents who activated the fire response teams. The firefighting systems in the society were effective, and the fire was quickly contained. Investigations are ongoing to determine the exact cause of the fire, suspected to be a short circuit in the AC unit.
Fire breaks out in Noida flats due to AC blast; Here's how to prevent an AC blasts
A fire broke out in a Noida high-rise due to an air conditioner blast, contained by the building's firefighting systems. As temperatures rise, AC safety is paramount. Here are tips to prevent AC fires, including regular maintenance and using high-quality parts.
Rajkot fire incident: No clearance from fire department
The First Information Report (FIR) registered squarely blames the management. It stated that the gaming zone was operating without a no-objection certificate from the fire department. It did not have adequate arrangements to handle any possible fire that would have "hundred percent" chance to result in fatalities.
Tourist bus fire in Haryana kills 9, injures 17
A tragic bus fire in Haryana's Nuh district killed nine people, including five women and a 12-year-old girl, and injured 17. The bus, carrying 60 pilgrims from Punjab, caught fire on the KMP Expressway. Despite warnings, the driver continued driving before fleeing the scene. An FIR has been registered against him. Most injured passengers have been treated, while three remain hospitalized. Authorities are investigating the cause of the fire.
Emergency declared at Delhi's IGI Airport over suspected AC fire on Air India flight
Air India Flight AI-807 from Delhi to Bangalore was forced to return to Delhi's Indira Gandhi International Airport due to a suspected fire in the aircraft's air conditioning unit. The flight, carrying 175 passengers, landed safely, and a full emergency was declared at the airport. Alternative arrangements are being made for the passengers to reach Bangalore.
Olympic torch relay sets off in Marseille
The Olympic torch relay commenced in Marseille, with football legend Basile Boli igniting the flame at the iconic basilica of Notre-Dame de la Garde. The relay, marking the start of 78 days of journey across France and its territories, featured former French international Boli and Ivory Coast's Didier Drogba. Marseille's Stade Velodrome, set to host Olympic football matches, was part of the route. The relay began after the flame's arrival aboard the Belem, followed by a grand ceremony and tight security measures.
50 rescued after fire erupts at corporate park in Mumbai; no injuries: Officials
A fire in a six-storey corporate park in Mumbai has rescued nearly 50 people who were stranded on various floors. The fire affected wiring, electrical installations, split AC units, wooden furniture, and office records. The building is confined to the sixth floor and has been surrounded by four fire engines, three jumbo tankers, and turn-table ladders.
Miscreants fire at Congress' Alfred Kan-Ngam Arthur for the third time
A public meeting of Congress party's candidate for Outer Manipur constituency, Alfred Kanngam Arthur, was disrupted by armed miscreants. This marks the third targeted attack on Arthur, following attacks on him on Monday and Tuesday. Manipur Pradesh Congress Committee President K Meghachandra has called for security measures to protect Arthur from attacks in the Ukhrul district.
Vande Bharat Sleeper Train: Railway Minister Ashwini Vaishnaw inaugurates new sleeper car at BEML
The Indian Railways, under the guidance of Railway Minister Ashwini Vaishnaw, is developing the Vande Bharat sleeper transit, aiming to enhance passenger comfort during overnight travel. BEML has begun production of the first Vande Bharat Express sleeper prototype, set to surpass the standards of Rajdhani Express trains. The project includes plans for 10 train sets, with features like better berths, sensor-based lighting, and improved night lighting. These trains will significantly reduce travel time on popular routes, offering a new level of comfort and convenience to passengers.
10 Best Haier ACs offering Unbeatable Cooling Performance (2024)
The importance of air conditioners cannot be overstated. They play a crucial role in maintaining a comfortable and healthy indoor environment during the hot and humid seasons. And when it comes to creating a comfortable oasis at your home, Haier stands out as a true industry leader. With its powerful cooling and smart technology Haier is an excellent choice for those who are looking for efficient cooling solutions. To know more, read this article on the best Haier ACs in India.
Mumbai: 15 commercial units, some houses damaged in fire in Govandi
The fire brigade received a call at 3.55 am, which alerted it about the blaze, he said. "Around 15 galas (commercial units) on the ground floor and some houses on the first floor were damaged in the fire that broke out in a chawl at Bainganwadi in Adarsh Nagar area of Govandi," the fire brigade official said.
Amazon Sale 2024: Great Deals on TVs, Washing Machines, ACs and Refrigerators from Top Brands
Dive into the Amazon Great Republic Day Sale for irresistible deals on top-notch appliances. From cutting-edge TVs to high-performance washing machines, cooling ACs, and innovative refrigerators, this sale has it all. Elevate your living experience with state-of-the-art technology at incredible prices. Explore this article to discover the best deals on these essential appliances, transforming your home into a haven of modern convenience. Don't miss out on this limited-time opportunity to redefine your living space with the best in the market, only at the Amazon Sale!
Michael Jackson: Iconic leather jacket from 1984 Pepsi ad sells for $306,000
Michael Jackson's iconic black-and-white leather jacket from the 1980s fetched a remarkable £250,000 ($306,000), surpassing the expected range of £200,000 to £400,000 at the London auction.
Fire breaks out in godown in Delhi's Chawri Bazar, no casualties reported
Massive fire erupts in godown at Delhi's Chawri Bazar building. No casualties reported in the fire incident. Four fire tenders respond swiftly to extinguish the flames. Valuable properties worth a substantial amount reduced to ashes. Investigation underway to determine the cause of the fire.
Amazon Sale: Unbeatable discounts on ACs and TVs from top brands like Sony, LG, Samsung, Redmi and more
The highly-anticipated Amazon Great Indian Festival kicks off on October 8th, with special early access for Prime members starting at midnight on October 7th. Prepare for unbeatable discounts on ACs and TVs from industry giants such as Sony, LG, Samsung, Redmi, and more. Don't miss this Amazon Sale to upgrade your home entertainment and cooling systems while enjoying incredible savings during the festival.
Amazon Great Indian Festival sale 2023 announced: Date, discounts and more
Amazon has announced the dates for its Great Indian Festival sale, which will begin on October 8. Prime members will have early access to the sale starting from October 7 midnight. The sale will feature discounts on various product categories, including mobile devices, accessories, Alexa, Fire TV, Kindle devices, home and kitchen items, and more.
Jaipur double-decker AC train wheels catch fire; prompt action averts disaster
The wheels of the Jaipur AC Double Decker Express train en route to Jaipur from New Delhi caught fire on Thursday night, officials said.
Mumbai local train update: Services of these AC trains to be affected today
Mumbai local train: Due to a technical glitch, several AC local trains have been running as non-AC regular services today, as reported by the Western Railway via Twitter, without giving any reason. A list of the affected trains departing from various stations in Mumbai was provided.
Fire breaks out in AC coach of Hoshiarpur-Delhi Express train
The railway staff immediately detached the said coach and tried to control the blaze with fire extinguishers, he said. A local fire tender also reached the spot and put out the fire, Kumar added. He said no loss of life was reported in the incident. Assistant station master, Hoshiarpur Railway Station, Roop Kumar said the higher authorities have been informed about the matter.
Load More
