Tipplers who wished to party on boats on New Year’s Eve will have to postpone their plans. A senior excise officer said that keeping in mind the constant security threat to Mumbai through sea, the Indian Navy has asked the Maharashtra state excise department to extend the decision they had taken last year after 26/11 and not issue liquor permits to boat owners this year too.

The officer added, “Only the city collector has the authority to make the required changes.” City collector Idzes Kundan said, “We are looking into the …

With the global economic downturn making holes in pockets of billionaires, the richie-rich of the world are out to dispose their costly belongings, including castles, yachts, private jets and even a soccer team.
In its annual ranking of world’s richest billionaires, business magazine Forbes found that the number of billionaires has fallen to 793 from 1,125 last year, while the total billionaire wealth has taken a hit of about $2 trillion.
According to another report from Forbes, many of the “billionaire toys” are up for sale and the available multi- million-dollar items …

It seems the global slowdown has also affected the pockets of the rich and wealthy. The Maltese Falcon, owned by American venture capitalist Tom Perkins is now up for sale. One of the largest privately owned sailing yachts in the world at nearly 290ft, it can be bought for €115m. The boat has been up for sale for some months now.

Maltese Falcon Technical Specifications:
Length: 88.00 m (289’)
Beam: 12.6 m (42’2”)
Draft (Keel up): 6 m (19’7”)
Draft (Keel down): 11 m (36’)
Engines: 2 Deutz TBD620 12 V
Speed: Max 18.5 kts
Range @14 knots: …