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The recent merger and acquisition in India is the acquisition of Future Group by Reliance Industries.
Reliance Industries acquired Future Group's retail, wholesale, logistics, and warehousing businesses for $3.4 billion.
This acquisition will strengthen Reliance's position in the retail market and expand its presence across India.
The deal faced legal challenges from Amazon, which had a stake in one of Future Group's comp...
LIBOR is the London Interbank Offered Rate, a benchmark interest rate used globally.
LIBOR is used as a reference rate for various financial instruments such as loans, mortgages, and derivatives
It is calculated daily by the Intercontinental Exchange (ICE) based on submissions from a panel of banks
The trend of LIBOR has been decreasing since the financial crisis in 2008, and is set to be phased out by the end of 2021
The ...
Recent changes in GST
The GST Council has made several changes to the GST rates and rules in recent times
The GST rate on several items has been reduced, such as on electric vehicles, hotel tariffs, and movie tickets
The GST return filing process has been simplified with the introduction of new forms
The GST Council has also introduced measures to curb tax evasion and improve compliance
The recent changes aim to make GST mo
Lease accounting under IND AS involves recognizing lease assets and liabilities on the balance sheet.
Lease accounting under IND AS follows the principles of IFRS 16.
Lease assets and liabilities are recognized on the balance sheet.
Lease payments are split into principal and interest components.
Lease expenses are recognized on the income statement.
Disclosure requirements include lease term, discount rate, and lease payme...
IFRS and IND-AS are both accounting standards, but IND-AS is based on IFRS with some modifications for Indian companies.
IFRS is used in over 100 countries, while IND-AS is used only in India.
IFRS is more principles-based, while IND-AS is more rules-based.
IFRS allows for more judgment and estimates, while IND-AS is more prescriptive.
IFRS has a single standard for revenue recognition, while IND-AS has separate standards ...
I applied via AmbitionBox and was interviewed in Aug 2024.ย There was 1 interview round.
My name is John Smith.
Full name is John Smith
Common name
Easy to remember
I am from a small town in the Midwest called Springfield.
I grew up in a close-knit community surrounded by farmland.
Springfield is known for its annual county fair and historic downtown area.
The town has a population of around 10,000 people.
I have 5 years of experience in promotions and team leadership.
5 years of experience in promotions and team leadership
Successfully led a team of 10 members in a promotional campaign
Implemented strategies that resulted in a 20% increase in sales
Yes, I have experience in leading promotion teams in previous roles.
Led a promotion team at my previous job, overseeing campaigns and strategies
Managed a team of 10 individuals to successfully execute promotional events
Implemented new ideas and initiatives to increase brand visibility and sales
Bachelor's degree in Marketing
Completed Bachelor's degree in Marketing from XYZ University
Relevant coursework included marketing strategies, consumer behavior, and promotions
Continuously seeking professional development opportunities in the field
IFB interview questions for popular designations
ROI of a service center can be calculated by dividing the net profit generated by the service center by the total investment made in the center.
Calculate the total revenue generated by the service center over a specific period of time.
Subtract the total costs incurred by the service center during the same period.
Divide the net profit by the total investment made in the service center to get the ROI.
ROI = (Net Profit / ...
Get interview-ready with Top IFB Interview Questions
Design calculations for Sheetmetal involve determining material thickness, bend radius, and flat pattern development.
Calculate material thickness based on required strength and application
Determine bend radius to prevent cracking or deformation during bending process
Develop flat pattern layout to ensure accurate cutting and bending of sheetmetal
Consider factors like material type, sheet size, and manufacturing processe
GD was on a common topic, whichever is trending. Candidates were divided into groups and each group was given a separate topic to discuss on.
I applied via Walk-in and was interviewed in Jul 2024.ย There was 1 interview round.
Top trending discussions
The duration of IFB interview process can vary, but typically it takes about less than 2 weeks to complete.
based on 101 interviews
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