Yacht

The Indian Embassy in Yemen on Friday said it has reached out to different parties to "establish circumstances and facts" surrounding an incident off the coast of Yemen in which "apparently there were Indian nationals on board a yacht." Some Arab media on Thursday quoted Yemen's Houthi spokesman Yahya Saree as claiming that Saudi forces targeted the Indian yacht near Yuqar Island near the Yemeni coast in the Red Sea. Saree said that the yacht is carrying 14 Indian nationals and that Houthi forces are rescuing them. He said more details would be provided later. "We are continuing to make efforts to find more details about the incident off the coast of Yemen on October 22 in which apparently there were Indian nationals (sailors) on board a yacht," the Indian mission posted on social media on Friday. The incident comes amid an escalation of hostilities between Iran-backed Houthis and Saudi Arabia, with both sides targeting each other's facilities and infrastructure. "Given the preva

This is the second instance when the offshore properties have been attached in this case. Previously, the probing agency attached 19 properties in Spain and other assets worth ₹296 crore

Unemployment, corruption, inflation and taxation are the biggest worries of the wealthy Indian entrepreneurs. However, three out of four (75 per cent) feel supported by the government

Authorities in Sicily have opened a manslaughter and negligent shipwreck probe into the Aug. 19 sinking of British tech tycoon Lynch's yacht

The luxury British superyacht was carrying 22 people onboard when it was hit by a sudden tornado-like storm on early Monday in Sicily and then sank in water, reportedly trapping six people inside

"It is a good day for EU citizens and businesses, but bad day for oligarchs and terrorists," said Eero Heinaluoma, one of lawmakers who took part

The luxury vessel has been docked on the banks of Hooghly for nearly a year without generating any business for the company

The boat, formerly known as Equanimity, was seized from Low last year as part of Malaysia's efforts to recoup about $4.5 billion allegedly embezzled from troubled state company 1MDB

The annual Monaco Yacht Show showcases the pinnacle of design, engineering and luxury available to the seafaring super rich

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