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Indian-Origin Kevan Parekh Appointed as Apple CFO with $1 Million Annual Salary

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Apple

Indian-origin Kevan Parekh has been named the new Chief Financial Officer (CFO) of Apple Inc. He will assume the position on January 1, 2025, with an annual salary of $1 million (₹8.57 crore). Parekh joined Apple in 2013 and has held various leadership roles during his tenure.

A Decade at Apple

Over the last decade, Parekh served as Vice President of Financial Planning and Analysis and Vice President of Finance. His leadership has greatly influenced Apple’s financial strategies.

Apple CEO Tim Cook praised Parekh, stating, “Kevan has been an indispensable part of Apple’s finance leadership team. His intellect and judgment make him ideal as CFO.”

Born in 1972, Parekh holds a Bachelor of Science in Electrical Engineering from the University of Michigan. He earned an MBA from the University of Chicago. Before joining Apple, he worked in senior roles at Thomson Reuters and General Motors.

According to Apple’s filing with the SEC, Parekh’s annual salary will increase to $1 million starting January 1, 2025. He will also participate in the Executive Cash Incentive Plan for fiscal year 2025, with a target of 175% of his base salary.

Apple announced the CFO transition on August 27, 2024. Parekh will replace Luca Maestri as part of Apple’s structured leadership change.

Kevan Parekh’s leadership and expertise position him as a vital contributor to Apple’s future financial success.

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Two Cases of Human Metapneumovirus (HMPV) Detected in Karnataka

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HMPV virus Karnataka cases

The Indian Council of Medical Research (ICMR) confirmed two cases of Human Metapneumovirus (HMPV) in Karnataka. These were found through routine surveillance for respiratory viruses. One case involved a three-month-old female infant with bronchopneumonia. The infant was diagnosed with HMPV after being admitted to Baptist Hospital in Bengaluru and has since been discharged.

An eight-month-old male infant with a history of bronchopneumonia also tested positive for HMPV. He was admitted on January 3 and is recovering.

Neither patient had any history of international travel, according to the health ministry.

HMPV is a respiratory virus that causes mild to moderate flu-like symptoms, such as cough, sore throat, and fever. It is most common in winter and early spring. It spreads through contact with infected individuals or surfaces.

In severe cases, it can cause pneumonia, difficulty breathing, and wheezing. Vulnerable groups, including infants and the elderly, may experience more severe symptoms.

The Health Ministry confirmed that HMPV is circulating globally, including in India. However, there has been no significant rise in influenza-like illness (ILI) or Severe Acute Respiratory Illness (SARI) cases.

The ministry is closely monitoring the situation through surveillance channels. The ICMR will continue tracking HMPV trends throughout the year.

The World Health Organization (WHO) continues to provide updates on the situation in China and is supporting efforts to manage the global circulation of the virus.

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First Suspected HMPV Case in India Detected in Bengaluru

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Bengaluru hospital reports India's first suspected HMPV case in an 8-month-old. Experts highlight the need for vigilance and hygiene.

An 8-month-old baby at a Bengaluru hospital marks India’s first suspected human metapneumovirus (HMPV) case. HMPV, a respiratory virus causing symptoms similar to influenza and respiratory syncytial virus (RSV), raises concerns among health experts.

The baby, admitted with severe respiratory distress, is under constant monitoring. Doctors suspect HMPV after ruling out other respiratory infections. Further diagnostic tests aim to confirm the presence of the virus, which typically spreads through respiratory droplets or contact with contaminated surfaces.

This potential case underscores the need for heightened awareness and readiness. Health experts emphasize the importance of maintaining hygiene and monitoring symptoms like fever, cough, and shortness of breath. HMPV often affects young children, the elderly, and individuals with weakened immune systems.

Bengaluru’s medical community has acted swiftly to contain the suspected outbreak. Hospital staff follow strict infection control protocols, while the government reviews measures to prevent community transmission. Officials stress that public cooperation in adhering to health guidelines is vital.

HMPV has caused seasonal outbreaks globally, but India has not reported significant cases before this. Experts believe early detection and isolation can help manage the situation effectively. They also recommend vaccination drives and public health campaigns if more cases emerge.

Parents and caregivers are urged to seek medical attention if children show persistent respiratory symptoms. Timely intervention remains key to reducing complications and ensuring recovery.

As the country awaits confirmation of this case, health authorities focus on preparedness and raising public awareness about this lesser-known virus. The potential emergence of HMPV adds another challenge to India’s healthcare system.

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Indian Coast Guard Helicopter Crash in Porbandar Claims Three Lives

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Indian Coast Guard ALH Dhruv Crash

An Indian Coast Guard Advanced Light Helicopter (ALH) Dhruv tragically crashed in Gujarat’s Porbandar during a routine training sortie on Sunday. The incident resulted in the loss of all three crew members on board.

The crash occurred at 12:10 pm near the Coast Guard Air Enclave in Porbandar. According to officials, the helicopter experienced technical difficulties, leading to the accident. Superintendent of Police Bhagirathsinh Jadeja confirmed the chopper caught fire near the runway, but the blaze was brought under control with a fire tender.

Kamala Baug police station’s inspector, Rajesh Kanmiya, stated, “Two crew members were declared dead upon arrival at the hospital, while the third succumbed later.”

The crew members, severely burned in the crash, were immediately evacuated to a nearby hospital. The Indian Coast Guard has launched an investigation to determine the cause of the accident.

The incident raises concerns as the ALH Dhruv fleet recently underwent critical safety upgrades following a series of accidents last year. Hindustan Aeronautics Limited (HAL) addressed design issues, upgrading the fleet’s control systems to enhance airworthiness.

Despite these efforts, the Dhruv fleet has faced repeated safety challenges. Last September, another ALH Mk-III crashed into the Arabian Sea near Porbandar during a medical evacuation mission. That incident prompted the Coast Guard to temporarily ground its ALH fleet for a comprehensive safety inspection.

The ALH Dhruv involved in the September crash had previously played a vital role in rescue operations during Gujarat floods. It saved 67 lives during cyclonic weather in the region, showcasing its capability despite its troubled safety record.

This tragic accident highlights the ongoing safety challenges with the ALH Dhruv fleet, manufactured by Hindustan Aeronautics Limited. The Indian Coast Guard and relevant authorities are committed to ensuring a thorough investigation to prevent future incidents.

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