Millennials' mindset reason behind automobile sector slowdown; Check out the prices of iPhone 11

VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=WAIBSwZJBlICVkw=&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0& Mid-day Digest - 11th September VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=WAIBSwZJDFEFUkw=&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0& [Apple's iPhone 11 range starts at Rs 64,900 in India]( VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=WAIBSwZJDFEFUkw=&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0&) The iPhone 11 range goes on sale in India starting September 20. And, Apple's new gaming and streaming services go live in November. [Read More.]( VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=WAIBSwZJDFEFUkw=&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0&) [Myntra bets on video content for enhancing customer engagement]( VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=WAIBSwZJDFEFU0w=&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0&) Fashion e-tailer Myntra is investing in a video content-led approach as it "transitions from a catalogue-heavy browsing experience to a content-heavy experience" to enhance customer engagement on the platform. [Read More.]( VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=WAIBSwZJDFEFU0w=&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0&) [Used car marketplace Truebil raises $1M]( VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=WAIBSwZJDFEFUEw=&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0&) Mumbai-based used car marketplace Truebil has raised $1 million from Japanese venture capital firm Spiral Ventures. The raised funds will be used by the company to strengthen its technology stack and marketing. [Read More.]( VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=WAIBSwZJDFEFUEw=&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0&) [IAN Fund invests Rs 12.4 Cr in Nocca Robotics]( VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=WAIBSwZJDFEFUUw=&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0&) The IAN Fund, a seed and early-stage fund, has led an investment worth Rs 12.4 crore in Pune-based Nocca Robotics, with participation from angel investors of Indian Angel Network. [Read More.]( VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=WAIBSwZJDFEFUUw=&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0&) VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=WAIBSwZJDFcBUEw=&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0& [Last few days to apply for YourStory Tech30 – India’s top 30 emerging startups of the year 2019]( VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=WAIBSwZJDFcBUEw=&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0&) Every year India’s largest startup summit TechSparks features Tech30 - India’s top 30 early stage tech startups who are ready to take the plunge and create value. Apply now and get a chance to win up to INR 10L cash. [Apply Now.]( VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=WAIBSwZJDFcBUEw=&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0&) [Reliance Jio's fibre-to-home pricing non-disruptive]( VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=WAIBSwZJDFEFXkw=&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0&) Plans and tariffs of Reliance Jio's fibre-based broadband services are 'non-disruptive' and "unlikely to shake things up" the way they did in the wireless space, according to CRISIL Research. [Read More.]( VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=WAIBSwZJDFEFXkw=&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0&) [Millennials' mindset to prefer Ola, Uber also led to automobile sector slowdown]( VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=WAIBSwZJDFEFX0w=&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0&) Finance Minister Nirmala Sitharaman said that some studies had revealed that there was a change in the mindset of the millennials not to commit any EMIs towards buying an automobile and instead taking Ola, Uber, or the Metro (train) services. [Read More.]( VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=WAIBSwZJDFEFX0w=&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0&) [Goldman Sachs VP swindles firm of Rs 38 Cr to pay off poker debt]( VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=WAIBSwZJDFEGVkw=&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0&) Goldman Sachs in its complaint said VP Ashwani Jhunjhunwala had lost $70,000 while playing online poker and had illegally transferred Rs 38 crore in two instalments to the Industrial and Commercial Bank of China. 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