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Source: Investor Presentation of Just Dial Ltd
Interesting to see Cash on the books at 50% of market cap.

Am somehow reminded of this meme of its brand ambassador Amitabh Bachchan

Some stuff I am reading today morning:
VIL to opt for 4 year moratorium on spectrum payments (Rediff)
NTPC Vs Tata Power (FE)
China’s curbs on fertilizer exports may affect India (BS)
The rise of Indian D2C BPC (Fortune)
The mainstreaming of Crypto (A VC)
Why SIP is a pyschological hack (Morningstar)
Investors should prefer camels to horses (BI)
Ignore the price, remember the Dividends ( Of $ and Data)
The SaaS metrics that matter (Sacks)
Deep Dive: Baidu (Get Revue)