Home » This Week » June 1st Week Updates | News Headlines for June

June 1st Week Updates | News Headlines for June

Headlines Updates of June 1st Week, what happened in Business World, Economy, Industry, Market, and new in Tech.

June 2021 1st Week Updates

June 2021 1st Week Headlines

What happened in June 1st week in Business, Industries, Economy, Market, Tech and Innovation.

Business World

1. Tesla in India

According to report Tesla (electric vehicle company) start testing Model 3 EVs in India by July August. The company plans to set up showrooms in 3-4 cities including Delhi, Bengaluru and Mumbai.

2. Hackers attack on SpaceX and Tesla CEO

On 6th June, 2021 Elon Musk targeted by hacker group claimed that musk is hurting middle working class people by controlling and trolling cryptocurrency.

3. Flipkart

Flipkart plans to raises $3 billion from investors including SoftBank Group (Japanese MNC) and others leaders in wealth funds. In talks Softbank Group corp. with Flipkart to invest $700 million.

4. Wipro hits $3 Trillion

Wipro am Indian Tech MNC, hits $3 trillion market cap. for the first time on Thursday 3 June. Total 13 Indian companies achieved this milestone before, TCS and Infosys are two IT companies achieved this earlier Wipro.


1. RBI on Cryptocurrency

Good news for crypto investors in India after critical market situation, Reserve Bank of India clarified the stand with old circular aside by supreme court of India on Crypto.

2. Nifty Hits High

National Stock Exchange (NSE) indices Nifty hits its all time high 15,800 in June 1st week.


1. India Power consumption grows 12.6% in June 1st Week

India’s power demand increases in the 1st week of June at 168.72 GW. Last year in June 1st week the power consumption was recorded at 22.53 BU, and in 2021 its increases 12.6% to 25.36 billion units. The power consumption growth increases when the summer season is on peak and slowed in winters.

2. Coronavirus 2nd Wave in India

In the beginning of June 1st week corona 2nd wave impact is reducing, with lowest cases and least deaths.

On 7th June, PM Modi announces free vaccines to all from June 21 at govt hospitals, and free ration to 80 Crore people till Deepawali.


Stock Market

1. Upcoming IPOs in June 2021 –

  • Sona BLW Precision Forgings – an automotive technology company
  • Navoday Enterprises – Marketing, Advertising, management and financial consultancy, component supply, and manufacturers of allied machines.
  • Shyam Metalics – Steel Manufacturing Company

2. AMC Share Price Surges

AMC Cinema largest movie theatre in the world, surge in share price on Wednesday 2 June, the AMC Entertainment stock surges up to 100% in one day at the end of the day the stock price was $62.55. The company promised to give free popcorn to their small investors.

Tech and Innovation

1. Microsoft Windows

The tech giant Microsoft plan to announce next generation windows operating system with minor changes.

2. Juhi Chawla on 5G in India

Indian actress Juhi Chawla file against implementing of 5G in India because of RF radiation which may be harmful to humans and animals. HC imposes 20 lakh fine on actress meant for publicity.

Leave a Reply

Your email address will not be published. Required fields are marked *