• Tony Abott was sworn in as new prime minister of Australia

Kontera – Delivering relevant IN-TEXT results

Kotak – Think Investments. Think Kotak.

KROGER – Costs less to get more

LARSEN and TOUBRO – We make things which make India proud

LEE – The jeans that built America

Lexus – The persuit of perfection

Lehman Brothers – Where Vision Gets Built

LENOVO – We are building a new technology company

LG – Life's Good

Lufthansa – There's no better to fly

Macromedia – What the web can be

Malaysian Airlines – Going Beyond Expectations

MARUTI SX4 – “Men are Back”

Master card – There are some things money can't buy. For everything else there'sÿMASTERCARD.

Max NewYork Life Insurance – Your Partner for life

McDowells Signature – The New Sign of Success

MCX – Trade with trust

METRO – The spirit of Commerce

MERCK – Where patients come first

Metropolitan Life Insurance Company or Metlife. – Have You Met Life Today

Microsoft – Where Do You Want to Go Today ; Your Potential Our Passion; Be whats next

Michelin – A better way forward

MITTAL STEEL – Shaping the future of steel

Monster.com – Never Settle

MRF – Tyres with Muscle

NASDAQ – Stock market for the digital world

NDTV Profit – News you can Use.

NOKIA – “Connecting People”

NYSE (New York Stock Exchange) – The world puts its stock in us

ONGC – Making Tomorrow Brighter

Orange – The future is bright. The future is orange

Panasonic – “ideas for life”

PFIZER – Life is our life's work

PHILLIPS – Sense and Simplicity

Prudential Insurance Company – Growing and Protecting your wealth

ARaymond – A Complete Man

Reliance industries Limited – Growth is Life

Rivolta – “Undress Code For Men”

Sahara – Emotionally yours

SAMSUNG – Everyone's Invited or Its hard to Imagine

SAMSUNG Mobile – Next is What?

SANSUI – Born in Japan Entertaining The World

SBI – SURPRISINGLY

SBI DEBIT CARD – Welcome to a Cashless World

Servo – 100 % Performance. Everytime.

Singapore Stock Exchange (SGX) – Tomorrow Market's Today

SKODA – Obsessed with Quality since 1897

SONY – Like. No. Other.

Speed – High Performance Petrol

Standard Chartered Bank – Your Right Partner

Standard Insurance Company Limited. – Positively Different.

Star Sports – We know your game

Sun Microsystems – The Network is the Computer

SUZLON ENERGY – Powering a Greener Tomorrow

SYMANTEC – Be Fearless.

TATA MOTORS – Even More Car per Car

TCS – Beyond the Obvious

TESCO – Every Little Helps

Thai Airways – “Smooth as Silk”

THE DAILY TELEGRAPH – Read a Bestseller everyday

THE DAY AFTER TOMORROW – Where will you be

THE ECONOMIC TIMES – The Power of Knowledge

The Indian EXPRESS – Journalism of Courage

TIMESJOBS.COM – ” If you have a reason, we have the job “

TITANIC – Collide With Destiny

TOSHIBA – Choose Freedom

TOYOTA – Touch The Perfection

Toyota Innova – All you Desire

UBS – You and Us

Union Bank of India – Good People to Bank with

VIDEOCON – The Indian Multinational

VIZAG STEEL – Pride of Steel

VOLKSWAGEN – Das Auto

WILLS CLASSIC – “Discover a Passion”

Window XP – Do more with less

WALMART – Always low prices. Always

Windows XP – Do More with Less

WIPRO – Applying Thought

ZEE NEWS – “Haqueqat Jaisi, Khabar Waisi”

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Strait of Malacca - connecting the Indian Ocean with the South China Sea .

Strait of Gibraltar - the only natural passage between the Atlantic Ocean and the Mediterranean Sea.

Strait of Hormuz - connecting the Persian Gulf and the Gulf of Oman, through which Persian Gulf petroleum is shipped to the world.

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Business & Economy News for JULY 2013 (PART- 1)

(Let me know guys how u find this... I have put details on some News for which u might need to know details/ Hope it helps u all )

HUL names Sanjiv Mehta its new MD & CEO

Manu Anand to head Mondelez in India

Zydus, IDRI to develop Kala-Azar vaccine

APNPDCL bags eINDIA award

Mohanty is President of ICAI

Kumar Mangalam Birla quits RBI Board

UBS Fund partners Tech Mahindra

Zuari shelves urea plant plan in Karnataka

Abdul Rahim Rather is new GST panel chief

Sebi allows preference to Tamil Nadu government in Neyveli stake sale

FDI in defence may be capped at 49 per cent

Exim Bank extends $19.5 million credit to Vietnam

ONGC bags safety award

India second largest investor in London

Ambassador, the world's best taxi

Aircel launches 'Fuccha Pack' for Delhi college students

UK bans Coca-Cola ad

Dual -use remittance card launched

A global money transfer firm has launched a new remittance card in India in partnership with the State Bank of India, which can be used for both receiving remittances from abroad and making withdrawals at ATMs. The State Bank Xpress Money Card, which will initially be available in Kerala and eventually cover other States, is a product of partnership between Xpress Money, State Bank of India and UAE Exchange and Financial Services Ltd. The card is a prepaid product which combines features of both debit and remit as it allows users to receive remittances from abroad and can also be used at ATMs and for e-commerce transactions.

Government approves more powers to Sebi

Having been jolted by the Saradha Group related controversy in West Bengal which brought to light the ill effects of ponzi schemes, the Government has approved a proposal to amend the Sebi Act, a move which would give the market regulator greater powers to come down heavily on such multi-level marketing (MLM) schemes. The Union Cabinet which was headed by Prime Minister Manmohan Singh, took the decision to give powers to SEBI to conduct search and seizure operations and access call data records. Once the amendments come into effect, the regulator would have direct powers to carry out search and seizure operations and for attachment of assets, as part of efforts to crackdown on ponzi schemes.

L&T wins Rs 2,085 crore contract for building expressway in Oman

All-women bank plans 39 units in first year

The country's first all-women bank, Bharatiya Mahila Bank is eyeing to open a modest 33,400 customer accounts through 39 branches across the country in its first year. However, it hopes to set up 778 branches with 55 lakh customer accounts over the next seven years. The bank, which is set to be launched by November 2013, is also expected to set up 127 ATMs in the country in the first year of its operations. To be set up with an initial outlay of Rs 1,000 crore, the bank will open with six branches — one each in the four metro cities, the fifth one in central India and the sixth in the north east. The bank is likely to be headquartered at New Delhi. Usha Ananthasubramanian, executive director, Punjab National Bank is one of the top contenders for the post of chairperson.

Arcelor Mittal scraps Odisha steel project

Government allows 100% FDI in telecom, hikes insurance to 49%

Slow progress of reforms to pull down GDP to 5.8% in 2013

TCS India's most admired company

Christie's to become first international house to hold auction in India in December 2013

HPCL to partner Shapoorji Pallonji Group for LNG terminal

Hindustan Petroleum Corporation Ltd (HPCL) and Mumbai-based infrastructure major Shapoorji Pallonji will sign a joint venture pact to set up a terminal for import of liquid gas (LNG) on Gujarat coast at a cost of about Rs 5,000 crore.

ONGC Videsh most internationalised Indian company

ONGC Videsh has emerged as the Indian company having the most international exposure, replacing Tata Steel. ONGC Videsh has topped the list of 15 most internationalised Indian companies, prepared by Indian School of Business (ISB) along with Brazil's Fundação Dom Cabral. The company is the only public sector enterprise in the league, which features six Tata group companies. Besides, Tata Steel at the second spot, which was on top in year 2012, others are Tata Global Beverages (3), Tata Communications (6), Tata Motors (9), Tata Consultancy Services (12) and Tata Chemicals (15). The methodology is based on the Transnationality Index (TNI) developed by the United Nations Conference on Trade and Development (UNCTAD).

RIL gets licence to lay pipeline to transport CBM gas from Shogapur

REpower sets up wind farm in Belgium

Santosh Nayar new CEO & MD of IFCI

IFCI, said Santosh B. Nayar had been appointed as the Chief Executive Officer and Managing Director of the company. Ashok Kumar Jain had been inducted as additional director of IFCI.

RBI imposes fine of Rs 49.5 crore on 22 banks

Iran agrees to take all oil payments from India in rupees

Vaz panel warns against UK immigration backlog

A House of Commons committee headed by Indian-origin British MP Keith Vaz has issued a stern warning against the mounting immigration backlog in the UK. The all-party Home Affairs Select Committee has found that the number of pending cases involving foreigners coming into the country had jumped to 502,000 at the end of 2012, which could take until the year 2050 to clear.

India tops list of Dubai's food import partners

India has been ranked the first among Dubai's food import partners with a share of 14 percent, amounting to over Rs 95 billion.

Sustainbility code launched for tea

The Indian tea industry would develop the 'Trustea' code for production of safe and hygienic teas as part of a sustainability initiative programme.

India promises continued credit lines to Ethiopia

The Exim Bank of India's line of credit (LoC) to African countries is growing in proportion to the Indian

companies' interest in investing in the continent, says T.C.A. Ranganathan, its chairman and managing

director. EXIM Bank has been extending credit in Africa for the past 15 years and in Ethiopia for about eight years.

DRL unveils Detabine for injection

Dr. Reddy's Labs has unveiled Decitabine for injection, a generic equivalent of Dacogen in the US market

DLF sells 11.2 MW wind mills in Karnataka

Cabinet clears STC, ITDC disinvestment

The Cabinet Committee on Economic Affairs, has approved disinvestment of government stake in State Trading Corporation (STC) and India Tourism Development Corporation (ITDC), which would fetch around Rs.30 crore to the exchequer. The Disinvestment Department had sought Cabinet nod to offload 5 per cent stake in ITDC, and 1.02 per cent in STC through the offer for sale route. The Centre at present holds 92.11 per cent stake in ITDC and 91.02 per cent stake in STC.

Govt approves DGCA replacement

The Government has cleared a proposal to replace DGCA with a new aviation regulator with full operational and financial autonomy. The new regulatory body would be called the Civil Aviation Authority (CAA) and would replace the Directorate General of Civil Aviation (DGCA). It will administer and regulate civil aviation safety and manage safety oversight over air transport operators, air service navigation operators and operators of other civil aviation facilities. CAA is being established to meet the standards set by UN's International Civil Aviation Organisation (ICAO) and in line with aviation regulators in other countries like the Federal Aviation Administration of the US and the UK's CAA.

Axis Bank to open branch in UK

Axis Bank, India's third-biggest privately owned lender, has been granted a banking licence in Britain and will open its first branch in the London.

Lenovo becomes world's top PC supplier

Chinese computer maker Lenovo said it has pipped US-based Hewlett-Packard (HP) to become the world's number one personal computer supplier. Lenovo, has pipped HP to acquire the global No 1 position in PC shipments, as per latest reports released by IDC and Gartner.

HPCL to set up petrochemical complex at Barmer

The Rajasthan Government and Hindustan Petroleum Corporation Limited (HPCL) have signed a joint

venture agreement to set up a refinery-cum-petrochemical complex in Barmer district. T

Company to be set up soon to execute TAPI pipeline project

India, Pakistan, Afghanistan and Turkmenistan have agreed to form a company for execution of the proposed pipeline project. They are expected to give it shape to by September 2013. The project is known as TAPI pipeline. Asian Development Bank (ADB) has been appointed as legal-technical consultant, and it will soon identify a company which will drive the project. The Dubai-based SPV, TAPI Ltd., will scout for consortium leader who will build and operate the project.

Vivek Lall to head U.S. India GAWG

Vivek Lall, President and CEO of Reliance Industries' new venture on defence and aerospace, has been nominated as the chairman of the newly-formed U.S.-India General Aviation Working Group (GAWG).

RBI tells oil firms to buy dollar from single PSU bank

With the rupee depreciating sharply against the dollar, the Reserve Bank of India, has ordered state-owned oil companies to purchase their dollar requirement from a single public sector bank for every daily transaction so as to curb volatility in the currency. The RBI issued orders to Indian Oil Corporation, Hindustan Petroleum Corporation, Bharat Petroleum Corporation and Mangalore Refinery to stop seeking quotes from several banks for their $8-8.5 billion of monthly U.S. dollar requirement. IOC, the nation's largest refiner, will buy their monthly requirement of $3.8-4 billion from State Bank of India.

MRPL upgraded to Schedule A

Mangalore Refinery & Petrochemicals Ltd. (MRPL), a subsidiary of Oil and Natural Gas Corporation

(ONGC), and a Mini Ratna Category 1 public sector undertaking (PSU), has been upgraded by the

Department of Public Enterprises (DPE) from Schedule B to A.

Import duty on sugar hiked to 15 per cent

Sebi tightens currency derivative rules to tame volatile domestic currency

Sebi has tightened the exposure norms for currency derivatives to check any large scale speculative activity in the forex trade. The decision, came after consultations with banking regulator RBI. Securities and Exchange Board of India (Sebi) keeps a tab on capital market, including trading in currency derivatives. Currency derivative trading allows traders and investors to take forward views on various currency pairs, including rupee-dollar. In recent times, there have been apprehensions that large-scale speculations on currency pairs is adding to the downward pressure on the rupee, which fell to a new low of 61.21 against the US dollar.

IMF lowers India's growth projection to 6.3%

Lowering India's growth projections a notch to 6.3 percent in 2014, the International Monetary Fund (IMF) has forecast that emerging market and developing economies are now expected to grow at a more moderate pace. India's growth projections at 6.3 percent for 2014 and 5.6 percent for 2013 in the July update of IMF's World Economic Outlook are, respectively, 0.1 and 0.2 percentage points lower than forecast in the April 2013 WEO. At 5 percent in 2013 and about 5.5 percent in 2014, growth in emerging market and developing economies as a whole would be some 0.25 percentage point slower.

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RBI released the First Quarter Review of Monetary Policy for 2013-14 on 30 July 2013. The highlights are as following:

• The repo rate was kept unchanged at 7.25 percent.

• Reverse repo remains at 6.25 percent.

• Cash reserve ratio unchanged at 4.00 percent

• Keeps Marginal Standing Facility rate at 10.25 percent.

• Bank rate stands at 10.25 percent.

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RBI Cut GDP growth forecast for 2013-14 to 5.5 percent from 5.7 percent earlier.

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IMPORTANT BANKING ABBREVIATIONS>>>>>>>>>>----------------

1. NABARD - National Bank for Agricultural & Rural Development

2. RTGS - Real Time Gross Settlement

3. NEFT - National Electronic Fund Transfer

4. NAV - Net Asset Value

5. NPA - Non Performing Asset

6. ASBA - Account Supported by Blocked Amount

7. BIFR - Board for Industrial and Financial Reconstruction

8. CAMELS - Capital Adequacy, Asset Quality, Management Earnings,Liquidity, Systems & Controls

9. BCSBI - Banking Codes & Standard Board of India

10. BIS – Bank for International Settlement

11. BCBS – Basel Committee on Banking Supervision

12. BOP - Balance of Payment

13. BOT - Balance of Trade

14. BPLR – Benchmark Prime Lending Rate

15. CCIL – Clearing Corporation of India Ltd.

16. CIBIL - Credit Information Bureau of India Ltd.

17. CRISIL - Credit Rating Information Services of India Ltd.

18. CBLO - Collateralised Borrowing & Lending Obligation

19. CPI - Consumer Price Index

20. ADR – American Depository Receipts

21. GDR – Global Depository Receipts

22. ALM - Asset Liability Management

23. ARC – Asset Reconstruction Companies

24. FINO - Financial Inclusion Network Operation

25. CTT - Commodities Transaction Tax

26. CRM - Customer Relationship Management

27. KYC - Know Your Customer

28. SLR - Statutory Liquidity Ratio

29. CRR - Cash Reserve Ratio

30. MSF - Marginal Standing Facility

31. REPO - Repurchase Option

32. NBFC - Non Banking Finance Companies

33. OSMOS - Off-Site Monitoring & Surveillance

34. IFSC - Indian Financial System Code

35. BSE - Bombay Stock Exchange

36. NSE - National Stock Exchange

37. SWIFT - Society for Worldwide Interbank Financial Tele communication

38. FSLRC – Financial Sector Legislative Reforms Commission

39. LAF – Liquidity Adjustment Facility

40. DRT – Debt Recovery Tribunals.

41. ICICI-industrial credit investement corporation of india

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UN Facts and Acronyms :-

UN consists of:

1. General Assembly

2. Security Council

3. Economic and Social Council

4. Trusteeship Council

5. Secretariat

6. International Court of Justice

Permanent Members are: USA, UK, Russia, China and France

_______________________________________________________

UN Founded in :

October 24, 1945

UN Deputy Secretery General: -

The post was formally established by the General Assembly at the end of 1997. The post is currently held by Jan Eliasson of Sweden.

_________________________________________________________

UNDP: United Nations Development Program

UNICEF:

United Nations

Quartered (HQ) at

New York )

UNFPA: United Nations Fund for Population Activities

UNEP: UN Environment Program

UNDRO: UN Disaster Relief Organisation

UNHCR: UN High Commissioner for Refugees

UNIDO: UN Industrial Development Organisation (HQ: Vienna - Austria )

UNESCO:UN Agricultural scientific and Cultural Organisation (HQ: Paris- France)

__________________________________________________

Specialized Agencies:-

IAEA: International Atomic Energy Agency (HQ: Vienna - Austria )

FAO: Food and Agriculture Organisation (HQ: Rome - Italy )

WHO: World Health Organisation (HQ: Geneva Switzerland)

ICAO: International Civil Aviation Organisation (HQ: Canada )

ITO: International Telecommunication Organisation (HQ: Geneva Switzerland)

ILO: International Labour Organisation (HQ: Geneva Switzerland)

WIPO: World Intellectual Property Organisation (HQ: Geneva Switzerland)

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The league has 6 franchises:

Awadhi Warriors | Sahara India Pariwar

Delhi Smashers | Krrish Group

Hyderabad Hotshots | PVP Group

Mumbai Masters | Consortium led by V Chamundeshwarnath

Pune Pistons | Burman family

Banga Beats | BOP Group

-Actor Aamir Khan and actress Deepika Padukone are going to be brand ambassadors of this league.

-The 2013 auctions held in Delhi.

-Malaysian player Lee Chong Wei sold for $135,000 to Mumbai Masters, Indian star player Saina Nehwal went to Hyderabad for $120,000.

Few key points about IBL. Feel free to add other points and correct me if anything mentioned isn't correct.

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1) Golden City - Amritsar

2) Manchester of India - Ahmedabad

3) City of Seven Islands - Mumbai

4) Queen of Arabian Sea - Cochin

5) Space City - Bangaluru

6) Garden City of India - Bangaluru

7) Silicon Valley of India - Bangalore

8.) Electronic City of India -Bangalore

9) Pink City - Jaipur

10) Gateway of India - Mumbai

11) Twin City - Hyderabad -Secunderabad

12) City of Festivals - Madurai

13) Deccan Queen - Pune

14) City of Buildings - Kolkata

15) Dakshin Ganga - Godavari

16) Old Ganga - Godavari

17) Egg Bowl of Asia - Andhra Pradesh

18) Soya Region - Madhya Pradesh

19) Manchester of the South -Coimbatore

20) City of Nawabs - Lucknow

21) Venice of the East - Alappuzha

22) Sorrow of Bengal - Damodar river

23) Sorrow of Bihar - Kosi river

24) Blue Mountains - Nilgiri

25) Queen of the Mountains -Mussoorie

26) Pittsburgh of India- Jamshedpur

27) Boston of india- Ahmedabad

28) City of temples- Varanasi

29) Hollywöød of india- Mumbai

30) Tiger capital of india- Nagpur

31) Orange city of india- Nagpur

32) Manchester of the east- Kanpur

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Current Affairs July 2013 [SUMMARY] (HOPE IT HELPS U ALL GUYS)

Person Appointed

1. Anil Chait Took over as Chief of Integrated Defence Staff to Chairman Chiefs of Staff

Committee (CISC).

2. Najeeb Jung appointed as new Lieutenant Governor of Delhi.

3. Sunil Soni appointed Director General of Bureau of Indian Standards (BIS).

4. R. Chandrasekhar appointed President of Nasscom.

5. Shriniwas Dadasaheb Patil appointed new Governor of Sikkim.

6. KK Paul took over as the New Governor of Meghalaya.

7. AK Singh sworn in as the new Lt Governor of Andaman and Nicobar Islands.

8. Arvind Sharma Re-Elected as the President of Advertising Agencies Association of

India (AAAI).

9. Suresh Chandra Mohanty Elected as the New President of ICAI

10. Mamnoon Hussain was elected as the 12th President of Pakistan.

11. Bhim Sain Bassi Took Charge as the 20th Delhi Police Commissioner.

Person Resigned

1. Kumar Mangalam Birla Resigned from the Reserve Bank of India's Central Board.

2. Neil Mills, the Chief Executive Officer of SpiceJet Quit from his Post

Foreign Visits / Foreign Visitors

1. India's External Affairs Minister, Salman Khurshid, visited Nepal on 9th July 2013 to

hold official talk on bilateral relation.

Obituary

2. Padma Shree Awardee Madhubani Painting artist Mahasundari Devi died at the Age