Smart spending: You can rent a yacht and live a day like a billionaire

Any mention of yachts evokes images of the luxury boats owned by the wealthiest men in the world – the size of their ships directly proportional to the amount of money that's spent on them. In that world, bigger is better; and around the globe, yachts have been a billionaire pursuit – from Aristotle Onassis's 99-metre superyacht ‘Christina O’ to absconding billionaire Vijay Mallya's 95-metre ‘Indian Empress’. But what most may not know is that it's possible to sail like a billionaire even if for a day or two because most owners lease their boats out when they aren't using them. Case in point – can you rent ‘Ashena’ – a 45-metre superyacht with five cabins owned by Raymond's boss Gautam Singhania? It's possible if you cough up Rs 800,000 a day, and if that's too steep for the wallet, there are other options that cater to every budget.

In the island metropolis of Mumbai, the business of boats is a less flashy affair with most owners being avid sailors as opposed to grandstanding tycoons who throw champagne parties for hundreds of people after an F1 race when docked in Monte Carlo or Barcelona. Which also means that ‘Ashena’ is an exception, and most of the boats range between 10 metres and 20 metres. A 20-metre boat can host a party for two dozen people with ease. These boats can be leased for an evening or a weekend from any one of the couple dozen companies such as Gateway Charters, Sailing Stuff and Yacht Charters India in Mumbai. The upside: it's cheaper than shelling out a few lakhs for a ballroom at a five-star hotel in the city.

Israel PM Netanyahu may be charged with bribery for accepting cigars, gifts

Israeli police on Tuesday recommended that Prime Minister Benjamin Netanyahu be indicted in two cases of alleged corruption after a long-running probe in a move set to shake the country's politics.
A decision to press formal charges against the veteran premier now rests with the attorney general's office, which is expected to take weeks or months to decide how to proceed.

Netanyahu, prime minister for nearly 12 years, addressed the nation as news of the recommendations broke, proclaiming his innocence and pledging to continue to lead the country.

"Over the years, I have been the subject of at least 15 enquiries and investigations," Netanyahu said in the televised address.

Leaks reveal Kremlin cash is behind billionaire's Twitter and Facebook investments

In the fall of 2010, the Russian billionaire investor Yuri Milner took the stage for a Q and A at a technology conference in San Francisco. Mr. Milner, whose holdings have included major stakes in Facebook and Twitter, is known for expounding on everything from the future of social media to the frontiers of space travel. But when someone asked a question that had swirled around his Silicon Valley ascent — Who were his investors? — he did not answer, turning repeatedly to the moderator with a look of incomprehension.

Now, leaked documents examined by The New York Times offer a partial answer: Behind Mr. Milner’s investments in Facebook and Twitter were hundreds of millions of dollars from the Kremlin.

Obscured by a maze of offshore shell companies, the Twitter investment was backed by VTB, a Russian state-controlled bank often used for politically strategic deals.

And a big investor in Mr. Milner’s Facebook deal received financing from Gazprom Investholding, another government-controlled financial institution, according to the documents. They include a cache of records from the Bermuda law firm Appleby that were obtained by the German newspaper Süddeutsche Zeitung and reviewed by The Times in collaboration with the International Consortium of Investigative Journalists.

Ultimately, Mr. Milner’s companies came to own more than 8 percent of Facebook and 5 percent of Twitter, helping earn him a place on various lists of the world’s most powerful business people. His companies sold those holdings several years ago, but he retains investments in several other large technology companies and continues to make new deals. Among Mr. Milner’s current investments is a real estate venture founded and partly owned by Jared Kushner, President Trump’s son-in-law and White House adviser.
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