Indian-origin couple dies after private jet crashes in Ohio

Agencies
July 12, 2017

Houston, Jul 12: An Indian-origin psychiatrist couple was killed when their private plane crashed in the US state of Ohio, police officials said on Wednesday.indian

Umamaheswara Kalapatapu, 63, and his wife Sitha-Gita Kalapatapu, 61, both of Logansport, were killed in the crash, according to a media release from the Ohio State Highway Patrol.

The Piper Archer PA-28 piloted by Umamaheswara is believed to have crashed sometime between 10:36 am and 12:30 pm on Saturday, July 8, the release said.

The Ohio State Highway Patrol Aviation with the assistance of the Civil Air Patrol located the crash scene in an abandoned retention pond near the village of Beverly in southeastern Ohio.

Ohio State Highway Patrol Sgt Garic Warner said the crash occurred about 3 miles northwest of Beverly. Searchers found the wreckage on Saturday afternoon.

There was no word on what caused the crash. The Federal Aviation Administration and the National Transportation Safety Board are investigating.

The Bowen Centre replied to a NewsChannel 15 tweet to offer condolences to the Kalapatapu family- “It is with great sadness we have been informed about the loss of Dr Kalapatapu and his wife. We offer our condolences to friends & family”.

The Kalapatapus were psychiatrists and owned Raj Clinics, with offices in Logansport, Indianapolis, Fort Wayne, Lafayette and Kokomo.

Heather Geisler, Logansport, said she’s done data entry, scanning and “a little bit of everything” for the Logansport clinic for the past eight years.

“They were generous to a fault, extremely hardworking and dedicated to their patients,” Geisler said of the Kalapatapus.

Umamaheswara Kalapatapu was a talented photographer while Sitha-Gita Kalapatapu was a gifted musician and “fantastic cook,” Geisler said.

Umamaheswara Kalapatapu received multiple state, national and international awards and recognitions for his photography and had been a certified professional photographer by the Professional Photographers of America since 2005, according to Pharos-Tribune archives.

“They were just two people that were so full of life. It’s hard to imagine that they’re not there anymore. They were wonderful people, absolutely wonderful. Two of the kindest people I’ve ever known and I’m going to miss them,” Geisler said.

Raj Clinics’ Logansport location opened in 1995, she added.

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News Network
March 25,2020

London, Mar 25: Prince Charles on Wednesday has tested positive for the novel coronavirus and is working from home with mild symptoms, according to UK media.
A Clarence House spokesperson said the Prince of Wales was "displaying mild symptoms but otherwise remains in good health and has been working from home throughout the last few days as usual", the Telegraph UK reported.
"He has been displaying mild symptoms but otherwise remains in good health and has been working from home throughout the last few days as usual," the spokesperson added.
In accordance with the government and medical advice, the 71-year old heir to the British throne and Camilla, the Duchess of Cornwall, are now self-isolating at their home in Scotland.
The Duchess of Cornwall has also been tested but does not have the virus.
The tests were carried out by the NHS in Aberdeenshire where they met the criteria required for testing.
"It is not possible to ascertain from whom the Prince caught the virus owing to the high number of engagements he carried out in his public role during recent weeks," the statement further said.

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News Network
June 2,2020

Jun 2: A new female billionaire has emerged from one of Asia's most-expensive breakups.

Du Weimin, the chairman of Shenzhen Kangtai Biological Products Co., transferred 161.3 million shares of the vaccine maker to his ex-wife, Yuan Liping, according to a May 29 filing, immediately catapulting her into the ranks of the world's richest.

The stock was worth $3.2 billion as of Monday's close.

Yuan, 49 this year, owns the shares directly, but signed an agreement delegating the voting rights to her ex-husband, the filing shows. The Canadian citizen, who resides in Shenzhen, served as a director of Kangtai between May 2011 and August 2018. She's now the vice general manager of subsidiary Beijing Minhai Biotechnology Co. Yuan holds a bachelor's degree in economics from Beijing's University of International Business and Economics.

Kangtai shares have more than doubled in the past year and have continued their ascent since February, when the company announced a plan to develop a vaccine to fight the coronavirus. They slipped for a second day Tuesday following news of the divorce terms, losing 3.1% as of 9:43 a.m. in Hong Kong and bringing the company's market value to $12.9 billion.

Du's net worth has now dropped to about $3.1 billion from $6.5 billion before the split, excluding his pledged shares.

The 56-year-old was born into a farming family in China's Jiangxi province. After studying chemistry in college, he began working in a clinic in 1987 and became a sales manager for a biotech company in 1995, according to the prospectus of Kangtai's 2017 initial public offering. In 2009, Kangtai acquired Minhai, the company Du founded in 2004, and he became the chairman of the combined entity.

China's rapidly growing economy has been an engine for the country's richest, and Du is not the only tycoon who's had to pay a steep price for a divorce. In 2012, Wu Yajun, at one point the nation's richest woman, transferred a stake worth about $2.3 billion to her ex-husband, Cai Kui, who co-founded developer Longfor Group Holdings Ltd. In 2016, tech billionaire Zhou Yahui gave $1.1 billion of shares in his online gaming company, Beijing Kunlun Tech Co., to ex-wife Li Qiong after a civil court settlement.

Sometimes, a goodbye can be time-consuming too. South Korean tycoon Chey Tae-won's wife filed a lawsuit in December asking for a 42.3% stake in SK Holdings Co. valued at $1.2 billion. That would make her the second-largest shareholder of the company should she win the case, which is still ongoing.

The most expensive divorce in history is that of Jeff and MacKenzie Bezos. The Amazon.com Inc. founder gave 4% of the online retailer to Mackenzie, who now has a $48 billion fortune and is the world's fourth-richest woman.

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Agencies
March 14,2020

San Francisco, Mar 14: Microsoft on friday announced that co-founder Bill Gates has left its board of directors to devote more time to philanthropy.

The 64-year-old stopped being involved in day-to-day operations at the firm more than a decade ago, turning his attention to the foundation he launched with his wife, Melinda.

Gates served as chairman of Microsoft's board of directors until early in 2014 and has now stepped away entirely, according to the Redmond-based technology giant.

“It's been a tremendous honor and privilege to have worked with and learned from Bill over the years,” Microsoft chief executive and company veteran Satya Nadella said in a release.

Nadella said Microsoft would continue to benefit from Gates' “technical passion and advice” in his continuing role as a technical advisor.
“I am grateful for Bill's friendship and look forward to continuing to work alongside him,” he added.

Gates left his CEO position in 2000, handing the company reins to Steve Ballmer to devote more time to his charitable foundation.

He gave up the role of chairman at the same time Nadella became Microsoft's third CEO in 2014.

Regularly listed among the world's richest people, William H. Gates was a geeky-looking young man when he and Paul Allen co-founded Microsoft in 1975.

Gates went on to turn his attention from software to fighting disease and other humanitarian challenges with his wife, under the auspices of the Bill and Melinda Gates Foundation.

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