Emotional chicanery or fiscal prudence? Whatever it turns out to be - artist M F Husain's decision to accept Qatari citizenship will result in the hardening of his prices
If you're starting out as an investor, bidding at an auction could prove to be the smart way to start off an iconic collection.
In hindsight, most see it as a flawed model of a gallery that grew too fast, with too many emerging and contemporary artists being given shows that out-priced them from the gallery circuit. But while it lasted, it brought in a specialisation rarely seen in the art world before.
To the end, though, she embodied an elegance and way of life that, like the princes, belongs to another era. Nor would the ninety-year-old romantic have been daunted by her own demise, something she must have become aware of during her last outing in London when, critically ill, she chose to return to Jaipur where she hoped to breathe her last. From here, the ride into the clouds with Jai would seem to her at least a fairytale possibility.
Osian's auction of modern and contemporary masters on June 30 in Mumbai fetched the highest average lot per price of any auction of Indian works this summer. At Rs 59 lakh, it bested Christie's Rs 39 lakh, Sotheby's Rs 24 lakh and Saffronart's Rs 17 lakh.
Lata Mangeshkar...in her own voice is fascinating because the bulk of the book is in the form of an interview, conducted not over days or weeks but over years.
India's Copyright Act allows for a percentage of any secondary art sale to be paid to the original copyright holder.
The current slowdown in the contemporary art market could be the best thing that happened to it.
As I write this, my son is probably getting a toga stitched somewhere on the roadside in Pune, which will be the first non-branded piece of clothing he will ever wear in his lifetime of a score and one years. And it is, even by the lax standards of his generation, an extraordinary piece of garment for a young man to want to wear.
Can you think of anything else in India with as much longevity, asks Kishore Singh
On Saturday evening, when 86-year-old, Paris-based artist SH Raza came to Dhoomimal Art Gallery in Delhi's Connaught Place, to inaugurate a show of his own works put together by his nephew, he was shocked to find that barring a few of his drawings, all the other works were fakes.
Those negotiating jobs list some interesting inclusions into their contracts.
The price? If you can scrape together Rs 18 crore (Rs 180 million), you could commandeer a two-bedroom Foster + Partners-designed casa with a private pool, a quite extraordinary roof, some spectacular views, and the glamour and privacy that comes with the high life.
Art analysts believe that other online galleries do not always put prices on works of art because they want to leave room for negotiation. But with access to prices, and archives on the histories of the artists and their works, Saffronart simply swept the market away.
India has discovered imported luxury, or more appropriately, branded luxu
Neville Tuli has been having a good week. A few days after his arts institution Osian's was evaluated at Rs 840 crore (Rs 8.4 billion), with Dubai-based private equity firm Abraaj Capital acquiring a 9.4 per cent stake in it for Rs 80 crore (Rs 800 million), Tuli's recent auction of Indian modern and contemporary art fetched an astounding Rs 30.38 crore (Rs 303.8 million), in a market soothsayers have been predicting the end of for some time now.
An art correspondent jots in his diary the hits and misses of the artworld in 2007.
No one has been able to touch Tyeb Mehta - not even Mehta himself - after his Mahisasura fetched a record $1,584,000 crore at an auction last year.
Inder Sharma, who ran Sita Travels, now runs after antique maps of India.
Financial brokerage firm Religare gears up to launch India's first corporate art initiative.
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