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An untitled abstract by Gaitonde sold for Rs 92 lakh at an Osians auction, the highest amount paid for a contemporary Indian painting at the time. [7] Gaitonde died in 2002. In 2013, one of Gaitonde's untitled painting sold for ₹ 237 million (US$2.7 million), set a record for an Indian artist at Christie's debut auction in India. [8] [9]
In August 2002, Osian's organized an exhibited-auction titled 'A Historical Epic: India in the Making will document the freedom struggle from 1757 to 1950 - Surrender to Revolt, Swaraj to Responsibility' that consisted of Rare Books, Photographs, Popular Calendar Art, Oleographs, Engravings, Show Cards of Indian Cinema Etchings and Lithographs, Song-Synopsis Booklets, Vintage Posters, Lobby ...
The final price listed is the total price paid by the buyer converted to US dollars, according to the currency exchange rate at the time of auction. This price is the aggregate of the hammer price (i.e., the winning bid or sale price at the auction) plus any buyer's premium paid to the auction houses (where levied, and in accordance with the ...
The auction fetched a total amount of US$ 723.59 million against the combined base price of US$ 400 million. Mumbai was the most expensive team, costing over US$ 111.9 million. The auction also led to controversy regarding the conflict of interest with then BCCI secretary N. Srinivasan holding a stake in the Chennai team. [1] [2]
This is a list of the highest known prices paid for paintings. The record is approximately US$450.3 million (which includes commission), paid for Leonardo da Vinci's Salvator Mundi (c. 1500). The painting was sold in November 2017, [1] [2] through the auction house Christie's in New York City.
An intriguing story about Dalí’s connection with India dates back to 1967 when the country’s national airline, Air India, commissioned him to design a limited edition set of ashtrays for ...
GMR agreed to pay a reported fee of nearly 50 million pounds ($62 million), taking the amount paid for stakes in the eight franchises — ranging to 49% to 100% — to over 500 million ($620 million).
In auctions, the buyer's premium is a charge in addition to the hammer price (i.e. the winning bid announced) of an auction item, or lot. The winning bidder is required to pay both the hammer price and the percentage of that price called for by the buyer's premium.