anil ambani yacht

There are, however, limits to customization. Classification societies in different countries lay down specifications for marine vehicles which have to be adhered to. The European Union, for instance, has a recreational craft directive (RCD) for boats between 2.5 and 24 metres. These relate not only to the engine but also the interiors - locations of bedrooms and bathrooms cannot be arbitrarily changed as this might affect weight distribution of the vehicle. "We have to meet RCD norms," says Gautama Dutta, Director, Marine Solutions. Still, cabins can be merged to make them bigger or a salon or bar added, if the customers asks. Indian customers, company sources added, were primarily interested in the appearance of the yacht rather than technicalities.

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Anil Ambani may not be a billionaire anymore — here's how he lost it all in just a decade

The peak of 2008: $42 billion.

He has been on a slippery slope since then. Once touted to be the sixth richest in the world-- in 2008, he was worth a whopping $42 billion according to Forbes -- today he has reportedly crashed out of the billionaire’s club, although hough Forbes real-time data says that he is worth $1.5 billion.

He was also known to buy his wife, former Bollywood actor Tina Ambani, a yacht worth ₹4 billion in 2008 but by the end of the same year, he lost $30 billion as stock markets crashed, and his net worth dropped to $12 billion. He topped Forbes’ list of ‘Billionaire Blowups of 2008’.

2011: $8.8 billion

By 2010, the markets had recovered but the rosy picture painted by his companies had started waning. His now bankrupt Reliance Communications still held promise as it was busy buying 3G spectrum and the company’s dongle business was still technologically relevant. And, he also purchased coal mines in Indonesia to power his electricity-producing business. His net worth had recovered from the lows to $13.7 billion. But that didn’t last long.

The next year was also bad as 2G scam where 122 telecom licences were lost, also got him into trouble. He was questioned by the Central Bureau of Investigation (CBI) for the role he played in promoting Swan Telecom, which had discrepancies around it. His net worth had dropped to $8.8 billion by the end of 2011.

​2013: $5.2 billion​

By 2013, his fortunes declined in spite of the fact that his power company was losing steam and was planning to give up troubled power plants like Krishnapatnam, which were turning out to be money pits even before they were built. Reliance Infrastructure however was chugging along with high-profile projects like Mumbai Metro under construction. His net worth had declined to $5.2 billion.

2016: $2.5 billion

His net worth halved to $2.5 billion in 2016 when the group changed strategy from growth to asset sales. Reliance Power had put assets on the block and was planning to return to projects that it couldn’t sell like Krishnapatnam. The CDMA business of RCom was closed and the subscribed were migrated to GSM networks. And, Ambani had started eyeing his big brother Mukesh Ambani’s entry into telecom as a savior. “A deal of some sort is imminent,” he would repeat at annual general meetings.

2017-2019: The final descent

In 2018, he managed to sell Reliance Infrastructure’s Mumbai power distribution business to Gujarat based Adani Group, and also Tilaiya power project. But, its company Reliance Naval was dragged to bankruptcy by its lenders. His networth was at $2.7 billion.

In 2019, came the biggest hit to Anil Ambani as Reliance Communications went into bankruptcy and was ordered by the Supreme Court to pay up the dues to vendor Ericcsson or go to jail. He was bailed out by big brother Mukesh Ambani who shelled out ₹4.5 billion, a day before he was supposed to go to jail.

Skeletons in the Closet

In the last one month, his group has been slipping down the rabbit hole as auditors of two of his companies, Reliance Capital and Reliance Infrastructure pointed out discrepancies in the workings of the company group. The latter’s auditors, Pathak H D & Associates said that there is money missing on their balance sheet, and are worried about the ability of the company to carry on as a going concern.

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Meet Billionaire Owner Of The World's Most Expensive Yacht Amevi; It's Worth Rs 1,000 Crore

It's not news that the world's top billionaires own ridiculously expensive things, from luxury cars to opulent houses and private jets. We have all witnessed that the ultra-rich have a penchant for all things luxury.

But the world's most expensive yacht, the Amevi superyacht, can put even the most extravagant things. And it is owned by none other than the steel magnate Lakshmi Mittal.  Here's all about Amevi.

All about  superyacht  Amevi

Mittal owns a 262-metre Amevi superyacht worth around Rs 1,000 crore. The yacht has a swimming pool, gymnasium, spa and cinema hall. Amevi features a magnificent sky lounge, offering panoramic views and a large terrace to get to the sun decks. It also features a massage room, salon, helipad, and stabilised pool table.

The Amevi superyacht was built in 2007 by Oceanco, a shipyard based in the Netherlands and designed by Nuvolari Lenard. Oceanco is a team of experts who merge the expertise of old-world Dutch craftsmanship with cutting-edge technology to create unparalleled masterpieces.  

Renowned luxury yacht designer Alberto Pinto has designed the interiors of Amevi. It accommodates 16 guests in its 8 VIP rooms and can carry over 20 crew members.

The owner's suite on the upper deck features a cut above the rest with a full-beam design. It also includes a lounge and private outdoor space with two jacuzzis.

The yacht has twin MTU 16V 595 TE70 engines with a total power of 9,100 HP (6,800 kW). The yacht reaches a maximum speed of 18.5 knots or 34.3 kmph, with a cruising speed of around 14 knots or 26 kmph.

Ranked the 7th richest Indian globally, Mittal has embarked on voyages to India, Spain, Gibraltar, and Norway aboard his lavish yacht.

Most expensive yachts by Indian billionaires

Other prominent Indian billionaires who possess yachts include Mukesh Ambani, Anil Ambani, Adi Godrej and Gautam Singhania, among others.

Mukesh Ambani, Asia's richest man, reportedly owns an ultra-luxury yacht shaped like a horseshoe, boasting a mind-boggling cost of $100 million. Stretching an impressive 58 meters, the yacht is replete with luxurious amenities, including private suites, a spa, a 25-meter swimming pool, and a lounge bar.

Not to be outdone, his younger brother Anil Ambani, accompanied by his wife Tina Ambani, also purchased a yacht named TIAN, though the exact cost, rumoured to be around Rs 200 crore, remains undisclosed.

Former billionaire Vijay Mallya once used to own a yacht named the Empress of India, which he had bought for an undisclosed amount in 2006. Mallya said in 2018 that the 95-metre yacht was sold for 43.5 million.

For more on news and current affairs from around the world, please visit  Indiatimes News.

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From Salman Khan To Mukesh Ambani, Richest Indians Who Own A Luxury Yacht

  the super ritzy lives of india’s filthy rich  .

By Mashable India

21 July 2022

Salman Khan

  one of the top entertainers in the industry, salman khan’s net worth is estimated at $310 million. he is known for his fleet of cars and bikes besides being invested in a plethora of business and philanthropy.    , 50th birthday gift,   he gifted himself a cool luxury yacht as his 50th birthday present in 2016. the yacht can host around 10 people including the crew.   , gautam singhania,   raymond group’s boss gautam singhania’s net worth is $1.4 billion. he is one of the handful of indian industrialists who own yachts.    ,   gautam singhania bought the yacht in 2006. ashena the luxury yacht can host about 10 guests besides a crew of 8.   , anil ambani,   anil ambani would have been as rich as his brother if not for a few failed ventures and the enormous debt he got himself buried into. nonetheless the ever so flamboyant anil lives quite an enviable life.   ,   he bought tian as an anniversary gift for wife tina ambani in 2008. tian is the initial two letters of both tina and anil. the $80 million yacht can host 12 guests.    , lakshmi mittal,   steel magnate lakshmi mittal is the executive chairman of arcelormittal. the industrialist’s current net worth is about $17.8 billion.   ,   the king of steel owns a superyacht amevi, that is mostly seen in the barbados sea. the yacht was bought in 2007 for $125 million.   , vijay mallya,   the flamboyant king of good times will soon be prosecuted for syphoning money to the tune of thousands of crores. most of his property is attached. he owned a fleet of luxury vehicles including a yacht which was confiscated in 2018.    ,   vijay mallya’s luxury yacht ‘kalizma’ was bought for $112 million in 2006. it can entertain over 15 guests in its lavish suites.   , mukesh ambani,   the second richest indian and asian (thanks to his nemesis adani), mukesh ambani has quite a thing for the most exquisite luxury. besides owning the most expensive home in the world ‘antill’, ambani has a fleet of luxury vehicles and a superyacht.   , the floating palace,   the yacht costing us$ 100 millions comes with all the comforts of life you can imagine. decked with a helipad, guest suites, sauna, lounge bar etc. this vessel is basically a floating palace.  .

Anil Ambani Says "Vegetarian, Teetotaler, Non-Smoker" Amid UK Case

Anil ambani was giving evidence via videolink for the first time from mumbai, in a english lawsuit over a dispute stemming from a defaulted loan..

Anil Ambani said that a judge was wrong to say he'd lived a lavish lifestyle.

Former billionaire Anil Ambani rejected a judge's comment that he lived a "lavish lifestyle" as he faced questions about his assets from lawyers acting for a trio of Chinese banks.

Ambani was giving evidence via videolink for the first time from Mumbai, in a English lawsuit over a dispute stemming from a defaulted loan. The tycoon, who has previously said his net worth is "zero," was questioned about his spending and his finances, including more than $100 million in family loans.

Three state-controlled Chinese banks have pursued Ambani for more than $700 million in a London court, arguing that they provided funding to his Reliance Communications Ltd. in 2012 with the condition that he personally guarantee the debt. After winning a ruling requiring Ambani to make the payments, the banks have yet to receive any funds.

"He's fighting tooth and nail to prevent having to pay us a penny," the banks' attorney, Bankim Thanki, said of Ambani.

Ambani, the younger brother of Asia's wealthiest man, said that a judge was wrong to say he'd lived a lavish lifestyle, insisting that he was a marathon runner who didn't drink, smoke or gamble.

"I think I must put it respectfully in perspective," Ambani said. "My needs are not vast and my lifestyle is very disciplined."

"Any suggestion of a lavish lifestyle past, present and future is completely speculative," he said.

Ambani was accused of putting his assets out of the reach of his creditors by putting the ownership in corporate entities. The family art collection was owned by his wife, he said. The luxury motor yacht, which was used family members -- but not Ambani himself, who said he suffered from seasickness -- was also owned by a company, he said.

Ambani had always said he never made a personal guarantee -- something he'd dismissed as an "extraordinary potential personal liability."

On Friday, Ambani was examined over credit-card spending in luxury shops including Harrod's that he said was done by his mother on his cards. He was also questioned over a $66 million loan provided by his mother, Kokilaben Ambani, and a $41 million loan from his son. He said he couldn't recall the terms of the loans but insisted they weren't gifts.

The former billionaire "has always been a simple man of simple tastes, contrary to exaggerated perceptions of his flamboyance and lavish lifestyle," a spokesman for Ambani said in a statement. "He is also a lifelong vegetarian, teetotaller and non-smoker who would much rather watch a movie at home with his kids than go out on the town."

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Before the luxury of Antilia: An inside look at Mukesh and Anil Ambani’s former

The  Sea Wind, Mumbai:  Reliance Industries chairman Mukesh Ambani continues to grow his business. At 67, he has partnered with several international companies to launch services in different sectors. Reliance, led by Ambani, is one of India's largest companies . Nita and Mukesh Ambani’s home, Antilia , is perhaps the most famous private residence in the country.

This 27-storey tower stands in one of the world’s most expensive real estate areas and ranks as the second most valuable property after Buckingham Palace.

In another era, Mukesh and Anil Ambani shared their family home . Both brothers were being groomed to take over their father Dhirubhai Ambani’s empire until a public falling out after his death in 2002 split the Reliance empire in half. Over the past 20 years, their fortunes have diverged sharply. Mukesh Ambani has become one of the richest people globally, while Anil Ambani, despite claims to a UK court that his net worth was “zero,” has seen his wealth diminish significantly from billionaire to millionaire status.

READ ALSO:  Did You Know Why Dhirubhai Ambani Named His Company 'Reliance'?

Before moving into Antilia in 2011, Mukesh Ambani and his family lived in the same building as Anil Ambani’s family. Both brothers hold their mother Kokilaben in high regard, who also resided there.

The brothers once shared Sea Wind, an entire building in Mumbai’s Cuffe Parade. Unlike the lavish Antilia, Sea Wind is more modest at 19 stories high. It served as the Ambani residence for a considerable period and was their father Dhirubhai Ambani’s home.

READ ALSO:  Next To Antilia: Meet Mukesh Ambani’s Neighbour With India’s 2nd Most Expensive House Worth Rs 6000 Crore

Sea Wind is far less grand than Antilia, lacking ultramodern features like high-speed elevators or snowflake-spitting rooms. Each family member had a spacious floor to themselves, including the children. Today, Anil Ambani and his family reside in Sea Wind, where Kokilaben also chose to stay rather than moving into Antilia.

READ ALSO:  Mukesh Ambani's Rs 592 Crore UK Hotel: The Stunning Wedding Venue For Anant Ambani And Radhika; Check Pics

For the latest and more interesting financial news, keep reading Indiatimes Worth.  Click here

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Meet Jai Anmol Ambani: The eldest son of Anil Ambani and how he is keeping up with legacy of his grandfather Dhirubhai Ambani, his net worth and taste for luxury

Jai anmol’s impact on the reliance group was felt, as his induction coincided with a 40% surge in the company’s share price, garnering praise from his father, anil ambani.

In a world fascinated by the lives of the rich and famous, one name has captured both curiosity and attention in recent times: Jai Anmol Ambani, the eldest son of Anil Ambani and nephew of India’s wealthiest man, Mukesh Ambani. Born into a family synonymous with success and fortune, Jai Anmol is tasked with filling the larger-than-life shoes of his grandfather and carrying forward the formidable Ambani legacy.

From his early life to his high-profile marriage and professional accomplishments, here’s everything you need to know..

Born on 12th December 1991, Jai Anmol Ambani experienced a privileged upbringing, rooted in academic excellence. He attended the prestigious Cathedral and John Connon School in Mumbai, followed by Seven Oaks School in the United Kingdom. Setting his sights on higher education, Jai Anmol pursued a Bachelor’s degree in Science (BSc) from the Warwick Business School in the UK.

A High-Profile Wedding

Adding to his list of notable milestones, Jai Anmol Ambani recently tied the knot with Khrisha Shah, a union that captivated media attention. The grand wedding took place at Sea Wind, the Ambani family home in the exclusive Cuffe Parade area of Mumbai. Attended by numerous celebrities, the star-studded affair became the talk of the town. Khrisha Shah, the daughter of the late Nikunj Shah, former chairman and managing director of Nikunj Enterprises Limited, brings her own background of business acumen and entrepreneurship to the union.

Net Worth and a Taste for Luxury

With a reported net worth of $3.3 billion (Rs 20,000 crore), Jai Anmol Ambani has amassed considerable wealth at a relatively young age as per Jagran. Not only does he possess a flair for business, but he also indulges in the finer things in life. A reputed car enthusiast, Jai Anmol’s collection includes luxurious vehicles such as the Rolls-Royce Phantom and the Lamborghini Gallardo. Rumors suggest that he even owns private jets and helicopters, which he utilizes for his business travels.

Experience in the Reliance Empire

Jai Anmol Ambani’s professional journey began early, marked by his summer internship at Reliance Mutual Fund at the age of 18. During this stint, he gained invaluable insights into company and sector analysis, practical aspects of financial statements, and portfolio creation. This experience paved the way for him to join Reliance Mutual Fund in 2014 and eventually ascend the ranks within the Reliance Group.

In September 2017, Jai Anmol was appointed Executive Director of Reliance Capital, a significant milestone in his career. Subsequently, he joined the boards of Reliance Nippon and Reliance Home in April 2018. While he and his brother, Jai Anshul Ambani, were appointed directors of Reliance Infra in October 2019, they resigned from the board within a year. Despite this setback, Jai Anmol’s impact on the Reliance Group was felt, as his induction coincided with a 40% surge in the company’s share price, garnering praise from his father, Anil Ambani .

He successfully convinced Japanese major Nippon to increase their stake in Reliance Life Insurance and Reliance Capital Asset Management, leading to the formation of Reliance Nippon Life Insurance.

Jai Anmol Ambani is a young man whose life is a captivating blend of luxury, ambition, and responsibility. With a strong educational background, noteworthy accomplishments within the Reliance Group, and a passion for success, he represents the next generation of the Ambani family. As he navigates the complex world of business, Jai Anmol is determined to forge his own path while preserving the illustrious legacy of his family.

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New Delhi: A global investigation has revealed how some of the world’s richest and most powerful people, including several prominent Indians, allegedly used offshore companies to conceal their wealth from tax authorities.

The investigation, termed as the ‘Pandora Papers’, is based on nearly 12 million documents obtained by the International Consortium and Investigative Journalists (ICIJ). It was published by The Indian Express in India.

According to the ICIJ website , an investigation into the “offshore havens” and “hidden riches” of world leaders and billionaires”, is based on confidential records of 14 offshore service providers located in British Virgin Islands, Panama, Belize, Cyprus, the United Arab Emirates, Singapore and Switzerland, which helped these wealthy individuals to “incorporate shell companies, trusts, foundations and other entities in low- or no-tax jurisdictions”.

Anil Ambani, Sachin Tendulkar, Nirav Modi’s sister named

The leaked documents revealed offshore dealings of Reliance Group chairman Anil Ambani, cricket legend Sachin Tendulkar, fugitive diamond businessman Nirav Modi’s sister Purvi Modi, the husband of Biocon chairperson Kiran Mazumdar-Shaw, among others.

According to the report in The Indian Express , many individuals and businesses, already under the scanner, are “pushing the envelope to evade detection, using loopholes in the law at home and the lax jurisdiction of tax havens”.

Of the 300-plus Indians figured in the list, the report highlighted how “bankrupt” Anil Ambani and his representatives own 18 asset holding offshore companies worth $1.3 billion in Jersey, British Virgin Islands (BVI) and Cyprus.

Following the revelations by the newspaper, Ambani’s lawyer said , “Our client is a tax resident of India and has made disclosures to Indian authorities as required to be made in compliance with law. All required considerations were taken into account when making disclosures before the London court”.

The list also named fugitive diamond jeweller Nirav Modi’s sister, Purvi Modi. According to the documents, Purvi set up a trust in the British Virgin Islands to act as a corporate protector of a trust formed through the Trident Trust Company, Singapore.

The trust was set up a month before Nirav fled India in January 2018.

In response to The Indian Express’ request for a comment on the revelations, Manavendra Mishra, lawyer of Purvi Modi, said , “We are the lawyers acting for Ms Purvi Modi in India. We deny all the below allegations raised in your email. We are not in a position to respond or comment at this stage since the matter is sub-judice before the special PMLA court.”

The leaked documents also name Sachin Tendulkar, with wife Anjali Tendulkar and father-in-law Anand Mehta, as Beneficial Owners and Directors of Saas International Limited, a company based in the British Virgin Islands. The company was reportedly liquidated three months after the Panama Papers expose.

Speaking to The Indian Express , Mrinmoy Mukherjee, CEO and Director of Sachin Tendulkar Foundation, said : “The referenced investment by Mr. Tendulkar has been made by him from his tax paid funds under the Liberalised Remittance Scheme (LRS) and has been duly accounted for and declared in his tax returns.

Another report said John McCallum Marshall Shaw, a British citizen and husband of Kiran Mazumdar-Shaw, promoter of Biocon, set up ‘The Deanstone Trust’ with Kunal Ashok Kashyap, who was banned by Sebi for insider trading.

Asked about this connection with Kashyap, Kiran Mazumdar-Shaw told The Indian Express : “Mr Kunal Kashyap runs a financial advisory service and has been used by Biocon as well as Glentec. Mr Kashyap advises several companies apart from Biocon. I understand that Mr Kashyap’s SEBI case is currently pending with SAT (Securities Appellate Tribunal) and hence it would not be appropriate for me to comment on this any further.”

Also read: Front companies, corrupt govts, banks that vanish overnight — how global kleptocrats unite

World leaders

Globally, the prominent leaders who allegedly used tax havens to stash their funds include former UK prime minister Tony Blair, ministers in Pakistan PM Imran Khan’s cabinet, and King of Jordan among others.

Putin’s image-maker

Russian President Vladimir Putin’s image-maker, Konstantin Ernst , who is also a television executive and Oscar-nominated producer, is said to have become “a silent partner, hidden behind layers of offshore companies, in a state-funded privatization contract to buy dozens of movie theaters and other property from the city of Moscow”.

According to the documents, the value of Ernst’s personal stake in the property holdings topped $140 million.

Imran Khan’s cabinet ministers

The documents reveal offshore holdings of Pakistan Prime Minister Imran Khan’s current and former cabinet ministers, including his finance minister.

The documents also show that Pakistan’s minister for water resources, Chaudhry Moonis Elahi, contacted a Singapore-based offshore services provider in 2016 to set up a trust to invest the profits from a family land deal, which, according to the lender, was an illegal loan. The bank said the loan had been approved due to the influence of Elahi’s father, a former deputy prime minister, the report said.

Czech PM bought lavish property in France

The leaked records show that, in 2009, Czech Prime Minister Andrej Babis, one of the richest man in his country, injected $22 million into a string of shell companies to buy a sprawling property, known as Chateau Bigaud, in a hilltop village in Mougins, France, near Cannes.

The report says Babis has not disclosed the shell companies and the chateau in the asset declarations he’s required to file as a public official.

Tony Blair’s property

Former UK Prime Minister Tony Blair avoided having to pay £312,000 in stamp duty when buying a £6.45m London townhouse in 2017. The property was an office for his wife Cherie’s business and they bought the offshore firm that owned it.

King of Jordan

Jordan’s monarch, King Abdullah II, bought three beachfront mansions in Malibu that were purchased through three offshore companies for $68 million in the years after Jordanians filled the streets during Arab Spring to protest joblessness and corruption.

Kiran Mazumdar-Shaw is among the distinguished founder-investors of ThePrint. Please click here for details on investors.

Also read: ‘Pandora Papers’ reveal how world’s rich & powerful hid wealth in offshore firms

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Delhi airport metro: sc's relief to dmrc, quashes arbitral award in favour of anil ambani firm.

New Delhi [India], April 10 (ANI): The Supreme Court on Wednesday quashed its 2021 judgment that directed the Delhi Metro Rail Corporation (DMRC) to pay Reliance Infrastructure subsidiary, Delhi Airport Metro Express Private Limited (DAMEPL), an arbitral award running into a few thousand crores.

A bench of Chief Justice DY Chandrachud and Justices BR Gavai and Surya Kant also directed that any amount deposited by the DMRC has to be refunded.

"The part of the awarded amount, if any, paid by the petitioner (DMRC) as a result of coercive action is liable to be restored in favor of the petitioner," the judgment stated.

The bench held that the "division bench applied the correct test in holding that the arbitral award suffered from the vice of perversity and patent illegality".

It said the September 2021 judgment of the apex court interfering with the 2019 High Court judgment 'resulted in a miscarriage of justice".

"In the specific facts and circumstances of this case...we have come to the conclusion that this court erred in interfering with the decision of the division bench of the High Court. The judgment of the division bench provided more than adequate reasons to come to the conclusion that the arbitral award suffered from perversity and patent illegality," the verdict of the top court stated.

It further added, "By setting aside the (2019) judgment of the division bench, this court (in September 2021) restored a patently illegal award which saddled a public utility with an exorbitant liability. This has caused a grave miscarriage of justice..."The arbitral tribunal award was upheld by a single-judge bench of the Delhi High Court in 2018, but it was struck down by a division bench of the High Court in 2019.

The Anil Ambani-owned Reliance Infra approached the Supreme Court against the High Court's division bench decision striking down the award.

A two-judge bench of the top court in 2021 reversed the High Court judgment by the division bench and restored the arbitral tribunal award. The DMRC's plea seeking review of the September 2021 judgment too was dismissed in November 2021.

Thereafter, in 2022, DMRC moved a curative petition questioning the September 2021 judgment on the point of law.

ANI 11th April 2024, 02:37 GMT+10

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Gandhi's Moscow flight raises questions in India

By Anand Giridharadas

• June 15, 2005

MUMBAI, India — When Sonia Gandhi, the boss of India's ruling Congress Party, touched down on a Moscow tarmac on Monday, it was in a Bombardier jet whose only marker was a head-sized gold logo approximating the letter "R."

It was no ordinary "R." It stands for Reliance, the $23 billion business concern that is India's largest and is the subject of a venomous family dispute roiling India's media, dividing its politicians and spurring numerous federal investigations.

The jet's usage on a foreign visit, which previously has not been reported, strikingly juxtaposes Gandhi's face with the Reliance logo at a time when Gandhi's Congress-led governing coalition is engaged in multiple, parallel investigations into alleged misdeeds at the conglomerate, including improper stock trading, document forgery and account fudging.

These allegations have surfaced as Mukesh and Anil Ambani, the sons of Dhirubhai Ambani, Reliance's founder, wage a campaign of mutual sabotage in seeking to wrest control of the group, whose interests span textiles, insurance, oil refining and mobile phones.

Gandhi arrived in Russia on Monday morning for a four-day visit as a private guest of President Vladimir Putin. Her visit follows a recent flurry of Indian visits to Moscow, by the prime minister, president and petroleum minister. Russia's vast energy reserves and India's booming energy needs are among the topics fueling recent interactions.

Regardless of who paid for the flight, the specter of Gandhi descending from the Reliance jet under a Moscow drizzle cut an image that could open her to criticism.

An Indian government official said the plane had been chartered from Reliance and it was his "understanding" that the Congress Party had paid.

"They looked around and found a plane, and coincidentally it belonged to Ambani," said the official, who declined to be named because Gandhi's was not considered a state visit. "It could have belonged to any other industrialist."

Gandhi's use of the plane illustrates a pair of entanglements lying at the center of Indian politics.

The first is between Gandhi's official role as a political leader, not an official, on the one hand; and the semi-official nature of her work. Though she holds no official position in the government besides member of Parliament, she is widely seen in India as the power behind the throne.

On her four-day visit to Russia, which officials called "private," she was nevertheless accompanied by a most official escort: India's foreign minister, K. Natwar Singh. But Singh did not fly with Gandhi, the official said, electing instead to fly a commercial Aeroflot flight the same day.

The second entanglement is over the government's self-proclaimed neutrality in the Reliance affair, on the one hand; and the difficulties political figures have in separating themselves entirely from a company so vast and pervasive that it pays 10 percent of India's indirect taxes - the taxes paid on goods and services.

The disclosure could empower anti-Reliance factions within the fractious governing coalition and could yield rich fodder for the opposition Bharatiya Janata Party, a Hindu-nationalist party. A spokesman for the party declined to comment on the matter until making his own investigation of the incident.

It was not immediately clear on Tuesday which brother, if either, owned the plane, or whether instead it belonged to the company generally.

To date, the Congress has jealously guarded its neutrality between Mukesh and Anil, with senior government officials reportedly meeting both brothers from time to time, always encouraging them to settle amicably.

Their careful posture stems from the reality that official findings in the investigations could tip how the group is split.

Newspapers here are routinely filled with salacious charges, apparently lobbed by one brother's henchmen against the other, aimed at sparking official inquiries. In this climate, furtive hotel-room or residence meetings between either brother and top government officials, from the finance minister to Gandhi, produce front-page news in India.

For that reason, Gandhi's use of the plane creates a forceful symbolism of the impossibility of separating business from politics - at least in drawing watertight boundaries between India's biggest business house and its most powerful woman, the Italian-born widow of Rajiv Gandhi, a former Indian prime minister, who is widely perceived in India as the power behind the throne.

When Congress won federal elections in 2004, Gandhi declined to be prime minister, passing on the post to Manmohan Singh, a technocrat said to be content leaving the politicking to her.

The importance of the Reliance Group to the Indian economy is hard to overstate. According to figures available on the group's Web site, its $23 billion in sales are the equivalent of 3.5 percent of India's economic activity. It accounts for a vast chunk of the Bombay Stock Exchange's benchmark Sendex index, and it pays 10 percent of India's indirect taxes.

But, increasingly, Reliance's importance to the government is rivaled by the government's importance to Reliance.

Through investigations into allegations ranging from corporate malfeasance to hiring hit men and tapping phone lines, New Delhi is playing a critical role in resolving a larger-than-life dispute between two demi-gods of corporate India.

The dispute originated in the death in 2002 of Reliance's founder, Dhirubhai Ambani, an entrepreneur who built the business from scratch and then, on his death, left no will specifying how it was to run or divided.

Beginning last year, that absence of direction has resulted in a complex battle for ownership of the various companies belonging to the Reliance Group. That battle, which attracted India's leading luminaries from government and banking to serve as peacemakers and mediators, is shrouded in secrecy. Analysts say much of the group's ownership is organized through investment companies whose activities are difficult, if not impossible, to trace.