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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Their four-decade-old chemicals business suddenly looks valuable after a smart restructuring. Is it for real?
Editor's note: The late 1980s saw Vamicol try to take on Fevicol, the established market leader in synthetic adhesives. The battle that ensued, one of India’s earliest brand wars, was pitched, with each brand owner spending big advertising bucks to outwit the other. Vamicol tried to entice buyers by sticking five rupee coins in tubs of adhesive, which worked for a while, but in the end it lost out as Fevicol proved unshakeable; it continues to be one of India’s best known home-grown brands. The entrepreneurs who dared take on Fevicol, the Delhi-based Bhartia brothers—Shyam and Hari—are today better known for operating India’s most successful quick service restaurant (QSR) chain, Domino’s, and less for manufacturing chemicals, their original business, which is now more than four decades old. While the chemicals business is no pushover, its success has simply been eclipsed by that of the food business. In the last one year, Jubilant FoodWorks’ valuation has increased 100%, as investors likened it to tech-driven food delivery companies like Zomato and Swiggy, placing a premium on its ability to deliver a pizza within half …
Their four-decade-old chemicals business suddenly looks valuable after a smart restructuring. Is it for real?
Editor's note: The late 1980s saw Vamicol try to take on Fevicol, the established market leader in synthetic adhesives. The battle that ensued, one of India’s earliest brand wars, was pitched, with each brand owner spending big advertising bucks to outwit the other. Vamicol tried to entice buyers by sticking five rupee coins in tubs of adhesive, which worked for a while, but in the end it lost out as Fevicol proved unshakeable; it continues to be one of India’s best known home-grown brands. The entrepreneurs who dared take on Fevicol, the Delhi-based Bhartia brothers—Shyam and Hari—are today better known for operating India’s most successful quick service restaurant (QSR) chain, Domino’s, and less for manufacturing chemicals, their original business, which is now more than four decades old. While the chemicals business is no pushover, its success has simply been eclipsed by that of the food business. In the last one year, Jubilant FoodWorks’ valuation has increased 100%, as investors likened it to tech-driven food delivery companies like Zomato and Swiggy, placing a premium on its ability to deliver a pizza within half …
As a consistent performer—proved once again by its stellar Q3 FY26 results—the QSR giant runs smack dab into a market fixated on its ‘tough base’.
After a major slump in the fast-food segment, Domino’s is leading the pack in revival. The question is whether it can manage to stay ahead of younger rivals.
As a consistent performer—proved once again by its stellar Q3 FY26 results—the QSR giant runs smack dab into a market fixated on its ‘tough base’.
After a major slump in the fast-food segment, Domino’s is leading the pack in revival. The question is whether it can manage to stay ahead of younger rivals.
