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In the last eighteen months, the <a href="http://www.businessinsider.in/searchresult.cms?query=aam+admi+party&amp;sortorder=effectivedate">Aam Aadmi Party</a> including Delhi Chief Minister <a href="http://www.businessinsider.in/searchresult.cms?query=arvind+kejriwal&amp;sortorder=effectivedate">Arvind Kejriwal </a>and six cabinet members have managed to spend over Rs 1 crore on just tea and snacks for their guests. 
 
The details emerged from an <a href="http://www.businessinsider.in/searchresult.cms?query=RTI&amp;sortorder=effectivedate">RTI</a> query filed by <keyword id="193039" type="PERSON" weightage="100" keywordseo="Vivek-Garg">Vivek Garg</keyword> who sought to know how much the Delhi ministers spend on tea and snacks. Leading the pack is <keyword id="260213" type="PERSON" weightage="20" keywordseo="Arvind-Kejriwal">Arvind Kejriwal</keyword>, who drew up a cumulative bill of Rs 47.29 lakhs which includes Rs 22,42,320 spent at the secretariat office and Rs 24,86,921 spent at his residence camp office. It goes without saying that Kejriwal seems to have left his hunger strike days way way behind. 
 
Following him is Deputy Chief Minister <a href="http://www.businessinsider.in/searchresult.cms?query=manish+sisodia&amp;sortorder=effectivedate">Manish Sisodia</a> who spent a total of Rs 11.28 lakhs on refreshments. 
 
 
Ex-transport minister Gopal Rai who was fired for allegations of corruption was not one to be left behind. As it turns out, he too raked up a bill of over TRs 11 lakh. 
 Then there is <keyword id="6367909" type="PERSON" weightage="100" keywordseo="Sandeep-Kumar">Sandeep Kumar</keyword>, the ex-social welfare minister who was recently sacked and is in the midst of a sexual assault allegation. Kumar spent over Rs 9 lakh on tea and snacks, while Health Minister <keyword id="6378951" type="PERSON" weightage="100" keywordseo="Satyendra-Jain">Satyendra Jain</keyword> also used up Rs 9.1 lakh. Last, but not the least, Tourism Minister <keyword id="6381732" type="PERSON" weightage="20" keywordseo="Kapil-Mishra">Kapil Mishra</keyword> spent over Rs 6 lakh and <keyword id="339091" type="PERSON" weightage="100" keywordseo="Imran-Hussain">Imran Hussain</keyword>, the Food and Civil Supply Minister spent a little over Rs 5 lakh on snacks. 
 
Picking up the tab for all of them is none but us-the taxpayers. 
 
Image credit: Indiatimes

Believe it or not: Aam Aadmi Party spent Rs 1 crore of taxpayers money on chai and samosa

By Shailesh Yadav The Gas Authority of India Ltd (<keyword id="6358765" type="General" weightage="20" keywordseo="gail" source="Orion">GAIL</keyword>) on Thursday posted a 77.4 per cent slump year-on-year in standalone net profit for the fourth quarter due to the Ukraine-Russia War. The standalone net profit plunged 77.5 per cent year-on-year to Rs 603 crore in the fourth quarter (Q4) against the net profit of Rs 2,683 crore in the year-ago period. Talking to ANI, Sandeep Kumar Gupta, Chairman and Managing Director, GAIL, said that gas prices became very high due to the <keyword id="13010576" type="General" weightage="20" keywordseo="russia-ukraine-war" source="Orion">Russia-Ukraine war</keyword> which impacted the company's profit, despite its highest-ever annual revenue of Rs 1,44,302 crore, which was up 57 per cent, for FY23. Gupta said, "The petrochemical segment was affected, gas prices were not viable and because of it, we had to keep our plant shut and also keep it running at lower levels for a substantial period of the year because we were to service our customers which were tied up at long-term prices." He added, "However, we had to procure high-priced gas to supply to our customers and in transmission because some APM (administered price mechanism) allocation, which was there was taken away, so we had to consume the high-priced natural gas for our internal consumption, too." Now with the cooling of prices now, he said he hoped that all these adverse factors will not be there in the next fiscal and the company should come back to very robust numbers in the ongoing fiscal year. Talking about the current status of the supply-demand ration, the GAIL CMD said, "There was a supply disruption starting from May 22 after the Ukraine-Russia war last year and while this was a portfolio contract and the supplier should have supplied by cargo sourcing from other geographies if it was not possible from a particular territory, but then they did not supply." He also expressed hope, "However, it's good news that now the supplies have resumed from March this year." He said for the last two months, the company was getting the full allocation as per the contract, and hopefully that it would continue. "So, this is a big sort of reassurance on the supply front. And definitely, there is no cut as far as our downstream customers are concerned nowadays," the GAIL CMD said. Talking along the lines of Kirit Parikh Committee recommendation, the CMD said, "This is a very significant positive development that the government accepted the recommendation. This will definitely help." In fact, he said, "We have seen that with the implementation of this recommendation from the first of this year, there was a big drop in CNG (compressed natural gas) and PNG (piped natural gas) and definitely with such softening of prices, the consumption which was not happening in the last year especially will now come to normal levels." He said this would add more new customers, too. "So, definitely this will be a biggest step in taking natural gas to higher levels of consumption," he added. Gupta said, "We are having gas supplies from Qatar, the United States, and Russia from Australia. So, we have a very diverse portfolio of supplies. We are now scouting for new volumes and wherever those new volumes are there. We are talking to all such companies or countries. The new volumes are coming from primarily the Middle East and North America. These are the geographies where the discussions are going on." Talking about the hydrogen plant, Gupta said, "Our first green hydrogen electrolyzer is coming up at Vijaipur, Madhya Pradesh, this will be a capacity of 4.3 tonnes per day and this will be commissioned this year itself." SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/small-and-mid-cap-stocks-start-to-outperform-large-cap-stocks/articleshow/100344464.cms">Small and mid cap stocks start to outperform large cap stocks</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/cheese-burst-quick-service-restaurants-see-muted-growth-ahead/articleshow/100332394.cms">Cheese burst: Quick service restaurants see muted growth ahead</a>

GAIL's net profit slumps 77 pc due to Russia-Ukraine war: CMD

<ul><li><keyword id="11931339" type="General" weightage="20" keywordseo="delhivery" source="Orion">Delhivery</keyword> to acquire <keyword id="118965" type="General" weightage="20" keywordseo="supply-chain" source="Orion">supply chain</keyword> solutions provider, Algorhythm Tech.</li><li>The company said the transaction is expected to be completed by 31st Jan 2023.</li><li>Algorhythm offers end-to-end supply chain planning and execution products to clients across FMCG, pharma, steel, auto, and telecom sectors.</li></ul>Delhivery, India's fully-integrated logistics service provider, will acquire the Pune-based Algorhythm Tech, which delivers intelligent planning and optimization solutions for enterprise supply chain operations. The company said the transaction is expected to be completed by 31st Jan 2023. This would be a 100% acquisition post which Algorhythm Tech will operate as a wholly owned subsidiary of Delhivery Limited. Founded in 2003 by Abhaya Borwankar, Ajit Singh, and Sandeep Pendurkar, Algorhythm offers end-to-end supply chain planning &amp; execution products to clients across FMCG, pharma, steel, auto, and telecom sectors, through its proprietary Rhythm 3.0 platform. Commenting on the announcement, Sandeep Kumar Barasia, Executive Director and Chief Business Officer, said, “We congratulate Abhaya, Ajit, and Sandeep on building a truly differentiated product offering with a great depth and breadth of coverage across industry sectors and use cases. Given that technology has and continues to be our core business differentiator, Algorhythm Tech’s SCM software products will enhance our Supply Chain Solutions offering with value-added services and also drive cost optimization in service delivery. These SCM products are increasingly becoming vital for supply chain planning and optimization. And our clients will have the option of availing the benefits of these as part of our Integrated Solutions platform.” Delhivery's Supply Chain Solutions business combines warehousing and transportation operations, infrastructure, network, and technology with deep data science and business intelligence capabilities. Enabling the company to provide comprehensive and integrated logistics solutions that improve its customers’ supply chain reliability, speed, and efficiency. Ajit Singh, co-founder, Algorhythm Tech, added, “Delhivery has made great strides to emerge as the largest logistics provider in India in a decade, and we can think of no better team or company to work with to accelerate our joint vision for the future.” SEE ALSO: <a href="https://www.businessinsider.in/tech/news/google-for-india-goes-heavy-on-ai-from-reading-handwritten-prescriptions-to-enhancing-agricultural-capabilities-heres-all-you-need-to-know/articleshow/96362495.cms">Google for India goes heavy on AI — From reading handwritten prescriptions to enhancing agricultural capabilities, here’s all you need to know</a> <a href="https://www.businessinsider.in/tech/gadgets/news/upcoming-new-games-in-2023/articleshow/95999256.cms">Top upcoming games in 2023: Here’s what PC, PlayStation, and Xbox users should expect</a>

Delhivery acquires Pune-based Algorhythm Tech to strengthen its supply chain

Kolkata, Apr 23 () HDFC Bank has introduced mobileATM facility in the city to help its customers and thepeople withdraw cash without moving out of the their localityduring the ongoing lockdown, an official said.Every day, the mobile ATM will cover 3-5 locationsbetween 10 am and 5 pm, he said."Our mobile ATM facility will help our customers andthe general public get access to easy cash withdrawal andother facilities as we stand together to curb the spread ofCOVID-19," HDFC Bank Branch Banking Head Sandeep Kumar said.The locations for providing this service are beingidentified in consultation with the local authorities acrossthe city.All necessary precautions in terms of maintainingsocial distancing and sanitisation are being taken to ensurehealth safety of staff and customers at these facilities, thebank said in a statement.Before Kolkata, the lender has deployed such mobileATMs across Mumbai, New Delhi, Allahabad, Chandigarh, Chennai,Pune, Hyderabad, Bhubaneswar and Ahmedabad. BSMBDC BDC

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Believe it or not: Aam Aadmi Party spent Rs 1 crore of taxpayers money on chai and samosa

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