Interpretation of the diphoton excess at CMS and ATLAS

We consider the diphoton resonance at the 13 TeV LHC in a consistent model with new scalars and vector-like fermions added to the Standard Model (SM), which can be constructed from orbifold grand unified theories and string models. The gauge coupling unification can be achieved, neutrino masses can be generated radiatively, and electroweak vacuum stability problem can be solved. To explain the diphoton resonance, we study a spin-0 particle, and discuss various associated final states.