Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
Online auction house AstaGuru's recent 'Collectors Choice' Modern Indian art sale achieved a white glove result (a sale where all lots are sold), with around 200 lots selling for a total sales value of Rs 24.12 crore. An untitled masterpiece by artist J Swaminathan sold for Rs 94.40 lakh, becoming the highest fetcher at the auction which also had on offer different periods of Modern Indian Art, including exceptional creations by revered names such as Nicholas Roerich, Rabindranath Tagore, Jamini Roy, S H Raza, Jehangir Sabavala and Akbar Padamsee. "The successful sale of these works indicates the potential for Indian art to continue gaining recognition and value. Several of the works in the auction performed phenomenally and sold for prices well above their estimated value. "This validates the consistently increasing demand for Indian modern art among collectors," said Sunny Chandiramani, senior VP of client relations, AstaGuru. The second-highest total in the auction was realised
Civic authorities have built a park in the Lajpat Nagar market area and decorated it with sculptural art, while plans are afoot to install public art at other places also to enhance the look and feel of the city for the G20 meetings. India is expected to host over 200 G20 meetings and events during its yearlong Presidency of the influential group which will culminate with an annual summit on September 9 and 10. The Municipal Corporation of Delhi (MCD) in a statement said it has stepped up its preparations for the G20 events. Delhi Lt Governor V K Saxena inaugurated the park built by the MCD and its located in the middle of the market, near gate No.5 of the Lajpat Nagar Metro Station, a senior official said. To increase the beauty of the park, different types of shrubs and flowering plants have been planted, while elephant sculptures made of stone have been installed as part of public arts, he said. The corporation has also developed a selfie-spot in the South Extension Part-2 Mark
Indian cryptocurrency entrepreneur and investor says technology 'can bridge cultures from all over the world'.
The Lee family's estate is valued at around $23 bn; private art collection donated to the public
In the #MeToo era he seems ripe for shaming into oblivion, yet he's more visible than ever
An exhibition of artworks by theatre legend Ebrahim Alkazi confirms his artistry across mediums
Public money spent on art in PSUs disappear and no one is accountable for the loss