TOP News on 01-06-2021

We bring the top business and financial news for the day which is useful to know the current business and financial markets and keep you updated.

Amazon Vs. Starlink

Amazon is now planning to bring satellite internet technology in India to compete the Startlink services by Elon Musk through its Project Kuiper satellite constellation.

Satellite internet technology is 30 times costlier than 4G LTE.

LG shutdown by July 31st 2021

LG to shutdown its mobile phone business by July 31st 2021.

The smart phone manufacturing units will be converted to household appliance manufacturing plant.

Mumbai petrol price twice of New York

Petrol price per litre in Mumbai rise to ₹100.47 ($1.39) and the petrol price per litre in New York is $0.79

Petrol price in Mumbai rose 11% this year.

Whatsapp appoints Grievance Officer

Whatsapp appoints Paresh B Lal as its Grievance officer for India in compliance with the country’s new IT rules.

Whatsapp has shared details to contact him via post or through email in its website.

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