JEFF BEZOS,WORLD'S THIRD RICHEST PERSON.

Jeff Bezos,Founder & Chief Executive Amazon.com Inc.has become the 
world's Third richest person according to Forbes Magazine.Bezo's fortune
was $65.3 billion compared to Warren Buffett's $64.9 billion as on thursday.

Microsoft Corp.Co Founder Bill Gates remained the world's richest person
at $77.7 billion.Spain's Amancio Ortega who founded the Zara Clothing Chain's
owner Inditex SA was second at $72.7 billion.
Source: Yahoo Lifestyle. 

SHOPCLUES FOCUS ON MERCHANT INITIATIVES.
LAUNCHES SELLER-BIDDING PLATFORM ADZone.

Shopclues, India's first & largest managed market

From Left: Mr.Arun Goel-VP-Products,Mr.Sanjay Sethi-Co-Founder
Ms.Radhika Aggarwal-Co-Founder & Mr.Ganesh

place,launched
the latest seller initiatives today.The seller- bidding platform to advertise
execute & manage product campaigns at a minimum budget for 
a campaign is Rs.1000/-while the minimum bids vary for different
categories.

Speaking on the initiative,Ms.Radhika Aggarwal,Co-Founder & CBO
said," This platform will immensely boost the  visibility of products
& maximise product views,thereby  helping vendors to increase their
business with us.".

SAMSUNG INDIA LAUNCHES GALAXY ON 7 PRO AND
GALAXY ON 5 PRO ON AMAZON.IN.

Samsung India announced its launch of Galaxy ON PRO series of smart phones
Galaxy On 7 Pro & Galaxy On 5 Pro,which will be sold online through
Amazon.in.Mad in India,the new 4G enabled smart phones are packed with
host of services & features which takes the smart phone experience to the
next level.Through these new devices  Samsung aims to cater to the growing
needs of users who are "always on the go" & want to be socially updated
at all times.

Mr.Manu Sharma,Vice President-Mobile Business,Samsung India Electronics
said,"The new devices will enable users  to seamlessly integrate their
personal & professional lives".

For more details on Galaxy On 7 Pro & Galaxy On 5 Pro,Please visit:
www.samsung.com/in/microsite/galaxy-on5-on7-pro/

BENGALURU RESIDENTIAL MARKET SHOWS BUOYANCY
WITH UPSURGE IN SALES & LAUNCHES; OFFICE TRANSACTIONS
& NEW COMPLETIONS WITNESS RECORD PERFORMANCE:
-  KNIGHT FRANK INDIA.

Mr.Satish B.N Executive Director Knight Frank,South India
addressing media while releasing the report.

Knight Frank India launched the fifth edition of its flagship half yearly
report -INDIA REAL ESTATE.It represents the comprehensive analysis
of the residential & office market performance of Bengaluru for the
period January-June,2016.

Bengaluru continued to be one of the best performing markets in the
country along with Pune.

Indian Real Estate market is coming out of woods;Mumbai & Bengaluru
lead the way.NCR still lags behind followed by Chennai."Overall,the first
six months have been on  a positive track,except for NCR & Chennai.but
we will have to wait for the next two quarters to see whether the market is
in the right direction" says,Mr.Shishir Baijal,Chairman & Managing
Director,Knight Frank India.

ABHIBUS BAGS KARNATAKA STATE ROAD TRANSPORT CORPORATION
AWATAR 2.1 PROJECT.

Abhibus.com India's fastest growing online Bus Ticket  booking portal 
is awarded any time any where advance reservation (AWATAR) by the
Karnataka State Road Transport Corporation (KSRTC).

Abhibus is already providing similar solutions to Andhra Pradesh State
Road Transport Corporation & Telengana State Road Transport Corporation
and 250 private transport operators.

R.V.COLLEGE OF ENGINEERING,BENGALURU HELD ITS
GRADUATION DAY ON 2nd JULY,2016.

Sixth batch of Bachelor of Engineering & fifth batch of Bachelor
of Architecture students were given their respective Degrees.

Dr.Kiran Kumar delivering the Convocation Address.

Padmashri.A.S.Kiran Kumar,Chairman,ISRO was the Chief Guest
& delivered the key Note address.Dr.M.K.Panduranga Setty,Chairman
Governing Body,R.V.College of Engineering was also present.About
850 students received the degree certificates.

Addressing the Students,Dr.Kiran kumar said,,"Sustainable growth is 
the organising principle for preserving finite resources necessary to
provide for the needs of future generations of life on the planet.It

MEDAL WINNERS.

requires implementation of environmentally friendly technologies which
are both efficient &adaptable to local conditions.He advised the students
to leave a footprint of them in this world by striving to make this planet a
better place to live for the posterity.He stressed the need to tackle the
environmental hindrances posed by unrealistic & unplanned development
based on scientific analysis & by providing viable technological solutions.

IS SENSE OF HUMOUR LACKING IN OUR SOCIETY?

The Prime Minister in his interview to Times Now,the electronic
Channel said,that there is no humour left in public life.Every one
 is scared of being mis quoted.He is right,sense of humour is lacking 
in our society more so in Parliament debates.That is why we do not
have cartoonists of the eminence of Shankar  & R.K.Lakshman who
deals with day to day life in a subtle and humorous way and do not
spare even  the Parliamentarians & legislators in their pocket sized
cartoons

Here are some  quotes of sense of Humour by Politicians.

 Our Former prime Minister Mrs.Indira Gandhi once humorously
said about the Private Enterpise as follows"our private enterprise
is usually more private than enterprising".

Somebody once asked Prime Minister Disreili,the difference between
misfortune & calamity.He said,"If Gladstone fell into river Thames,it
would be misfortune & if somebody pulls him out,it would be a calamity".

LET US BUILD A SOCIETY WHICH HAS GOOD SENSE OF HUMOUR.

iSCHOLAR LAUNCHES i3,AN INTERACTIVE ONLINE
IIT-JEE EXAM PREPARATION PROGRAMME IN
ASSOCIATION WITH ANAND KUMAR OF SUPER 30.


iScholar Education Services,an innovative provider of on demand
education & learning services,announced the launch of i30,an online
IIT JEE exam preparation course specially designed  for the masses
in association with renowned Anand Kumar of Super 30.

Availability & Price: Sign up is simple & easy. Interested students can
visit www.ischolareducation.com.Fee is Rs.5988/- per annum including 
taxes.By pricing the i30 courseware at just under Rs.500/- per month,
we have brought quality education within reach of the masses & especially
those in remote locations of our country".says Rajendra Prasad Nadella,
Co-founder & Managing Director iScholar.

SAEINDIA ANNOUNCES MAHINDRA SPONSORED
BAJA SAEINDIA 2017,VIRTUAL ROUND TO BE HELD
AT CHRIST UNIVERSITY,BENGALURU.

This year's Theme: Decade of Dream,Dare, & Drive.

SAEINDIA, a Professional Society  of Automotive Engineers,
announced the commencement of the 10th edition of BAJA series.
Mahindra & Mahindra is the title sponsor and the event is known
as Mahindra presents BAJASAEINDIA 2017.

BAJA SAEINDIA 2017, will be held from June,24 to 25th,2016,
at Christ University,Bengaluru.With about 413 teams from various
Engineering colleges of India,5 students from each team totalling
over 2000 students will battle out their ideas.In this two day event,
the registered teams will be scrutinised for their knowledge &
Capability to participate successfully in the main event.Like last
year, all the teams will have to make a presentation of their design
followed by an On Line Test,which will carry equal weightage in 
their final selection.Based on the performance in Virtual BAJA,
ther teams would be selected for participation in the main event
to be held in NATRiP,Pithampur,near Indore.

BAJA SAE series is an event for the undergraduate engineering
students organised globally by the Society of Automotive Engineers,
USA.Apart from India,the event will take place in Countries
viz.Mexico,USA,S.Africa,Korea & Brazil.

MAHINDRA LAUNCHES NEW HEAVY COMMERCIAL VEHICLE
TRUCK SERIES "BLAZO" WITH FUEL SMART TECHNOLOGY
IN KARNATAKA.

ABOUT THE GROUP:
The Mahindra Group a USD 17.8 billion Indian Multinational is
based in Mumbai.Mahindra provides employment to over 2,00,000
people in over 100 countries.In 2015,Mahindra & Mhaindra was

Mr.Nalin Mehta addressing media.

reconised as the Best Company for CSR in India in a study by the
Economic Times.In 2014,Mahindra featured on the Forbes Global
2000,a comprehensive listing of the world's largest,most powerful
public companies,as measured by revenue,profit,assets  & market
value.The Mahindra group also received the Financial Times,
"Boldness in Business " Award in the Emerging markets 
category in 2013.

*The new BLAZO HCV range featuring mPOWER FUELSMART 
engine & Multimode Switchesviz.Turbo,Heavy & Light which can 
be switched by the driver as per the load and road conditions.

*The Gurantee announced-superior mileage guarantee on BLAZO
  truck series & 48 Hours "Back on road" service guarantee.

*Rapid expansion of its sales network with 78 3S dealerships,90
  authorised service centres,2900 roadside assistance points &
  retail spares network of 1777 outlets already in place &expanding.

Addressing media in Bengaluru,Mr.Nalin Mehta,CEO,Mahindra 
Truck & Bus Division said,"we are confident the BLAZO HCV 
range  will further enhance our position in the market ".

BREXIT- WILL IT IMPACT INDIAN RUPEE & INDIAN MARKETS?

BREXIT is seen as the next big financial event to hit the global 
markets post 2008 global economic crisis.It is generally believed
that Britain could exit the European Union (EU) that could slow 
down the world economy.

The important question is whether this move by Britain will affect
Indian rupee & Indian Markets?.Initially, the Indian Currency may
see some volatility,but in the long run it may not affect the Indian
Currency.Regarding, the stock market,the speculators may use this
as an oppurtunity to bring down the rates of few selected scrips to
take it up on an upward move later.There are no reasons why the
stock market should react badly if Britain exits EU.Afterall,Britain
did not join the European Exchange Rate Mechanism.

SECOND TERM FOR RAGURAM RAJAN-RBI GOVERNOR.

The term of the Reserve Bank of India Governor ends in September.
There are speculations whether Mr.Rajan's term will be extended for
the second term.

Mr. Rajan's term should be extended for another term for atleast for
two years as the three year term is too short to achieve anything.He has
started well  and hence he should be  allowed to carry on to tame the 
inflation. He may not have cut the interest rates  as many times as 
the industry wants him to do,he is on the right path as he is an Economist
who is respected by the global monetary authorities & Institutions.