Connect with us

BIG NEWS

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

Published

on

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.

BIG NEWS

VAR Implementation in Indian Football: Challenges and Future Plans

Published

on

By

VAR implementation in Indian football

AIFF’s Plans for VAR in Indian Football

The All India Football Federation (AIFF) and Football Sports Development Limited (FSDL) have been informed about the potential introduction of Video Assistant Referee (VAR) technology. Trevor Kettle, AIFF’s chief refereeing officer (CRO), mentioned that the current accuracy in ISL and I-League is around 82%. However, VAR’s implementation faces several hurdles.

Challenges to VAR Adoption

AIFF President Kalyan Chaubey emphasized the goal of reducing errors in decision-making with VAR. Though VAR is a priority, the federation is considering AVRS (Additional Video Review System) as a starting option due to financial constraints. Kettle noted that, once approved, VAR could take 12 to 18 months to implement, following FIFA’s guidelines. He also highlighted the significant costs involved, particularly for infrastructure and training.

Financial Constraints

The initial cost for VAR implementation could reach ₹25 crore in the first year, with recurring costs of ₹12-13 crore annually. These figures, according to a former AIFF official, were seen as unaffordable for the I-League.

Referee Training and Evaluation

Currently, India’s 18 elite match officials are not trained for VAR, which limits their participation in top tournaments. AIFF plans to increase the number of full-time referees to 50 by 2026.

Performance is assessed through Key Match Incidents (KMI), which include decisions on penalties, goals, and offside calls. Kettle acknowledged that aiming for 83-85% accuracy leaves room for a 15-20% error margin. He noted that this would likely be unacceptable to fans and officials.

Looking Forward

The AIFF remains committed to adopting VAR in Indian football. While the timeline for implementation is still uncertain, the federation is working on overcoming the challenges of cost and training. With the right infrastructure, VAR may soon become a part of Indian football.

Continue Reading

BIG NEWS

Jasprit Bumrah’s Heroics in Border-Gavaskar Series Spark Workload Debate

Published

on

By

Jasprit Bumrah

Jasprit Bumrah Shines in Border-Gavaskar Series
Jasprit Bumrah’s exceptional performance in the 2024/25 Border-Gavaskar series stood out, despite India’s overall disappointing campaign. With 32 wickets in five matches, including three five-wicket hauls, he claimed the Player of the Series award. This marked the highest wickets taken by an Indian bowler in Australia and an all-time best for an Indian seamer in a Test series.

However, Bumrah’s heroic efforts came at a cost. He missed the final innings of the Sydney Test due to a back injury. Having bowled 151.2 overs across the series, including 53.2 overs in one match, concerns about his workload surfaced. Discussions followed regarding whether India’s team management could have handled Bumrah better.

Balwinder Sandhu Criticizes Workload Concerns
Former Indian pacer Balwinder Sandhu dismissed the workload management theory, calling it unnecessary. He argued that bowling 15 to 20 overs per innings should not be an issue for professional cricketers.

“Bumrah bowled an average of 16 overs per innings. That’s not a big deal,” Sandhu told Times of India. “Workload management is an Australian concept. Cricketers need to listen to their bodies, not external theories.”

Sandhu questioned whether Bumrah is fit for Test cricket if he cannot consistently bowl 20 overs in an innings. “If you can’t bowl 20 overs, focus on T20s, where four overs are enough. Representing India in Tests requires physical strength and stamina,” he added.

The debate underscores the growing divide in modern cricket regarding balancing player fitness with team needs. For Bumrah, his outstanding series may be remembered for both its brilliance and the challenges it posed.

Continue Reading

BIG NEWS

Two Cases of Human Metapneumovirus (HMPV) Detected in Karnataka

Published

on

By

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.

Continue Reading

Trending

Copyright © 2024 Wolf777news.