Heat 1 tbsp olive oil on level 6 on your induction cooktop in a deep oven-proof induction pot or pan. Sauté the carrot, onion, celery, garlic and bacon for 5 minutes, until softened and lightly golden. Add 500 g beef mince and cook until browned, breaking it up as it cooks. Increase heat to level 8, then add ½ cup red wine and stir through for 1 minute. Then add 1 cup beef stock, ¼ cup tomato paste, 800 g cherry tomatoes, 1 tsp dried oregano, 1 tsp dried basil and season with salt and pepper.