Raymond Group Chairman Gautam Hari Singhania was rescued after a speedboat accident in the Maldives. He suffered minor injuries and is recovering in Mumbai.
Two other Indian men, including rally driver Hari Singh, went missing after the speedboat capsized. Search operations are underway to locate them.
The speedboat was carrying at least seven people, including Singhania, two women from the UK and Russia, and five men from India.
According to police, the speedboat overturned near Vaavu atoll Felidhoo, and two Indians went missing. The three people rescued had sustained injuries and were receiving treatment at Vaavu Atoll Hospital.