Art Financial News

NEW DELHI : The artwork of three modern Indian masters, Sayed Haider Raza, Francis Newton Souza and Tyeb Mehta, fetched record bids at Mumbai’s Pundole’s auction house over the weekend. While Raza’s ‘Gestation’ fetched ₹51.75 crore, including commissions, making it the most expensive Indian artwork ever sold at auction, Souza’s work titled ‘Hunger’ sold for ₹34.5 crore, setting a world auction record for the artist. Tyeb Mehta’s sculpture ‘Two Heads’ fetched ₹14.95 crore, gaining the world auction record for a Modern Indian sculpture.

reality, there cannot be two dissimilar things than reading and writing. Yet here they are, cursed with enough family stipend to pursue their delusions.

Indigenous leaders have slammed a plan to extend a mineral lease over culturally sensitive land that contains Australia’s best undeveloped uranium deposit, in a row that threatens to inflame political debate over the Voice to parliament and the ban on nuclear power.

Burning Man festival, held in the Nevada desert, faced unexpected challenges as heavy rains transformed the event site into a muddy quagmire. The festival, known for its art installations and sense of community, took an unexpected turn as a rainstorm hit, prompting organizers to call for sheltering in place and conservation of essential supplies.

Spouses of heads of state from around the world, who will gather for the upcoming G20 Summit, are in for a treat as they will be hosted to a special lunch at the historic Jaipur House. This exclusive event is set to take place on the sidelines of the main summit, providing a unique cultural and culinary experience. The G20 Leaders' Summit, a pivotal global event, is scheduled for September 9-10 at the newly-constructed Bharat Mandapam, located within the Pragati Maidan complex.

G20 summit here will get a taste of lip-smacking Indian street food, including flavourful delicacies from Chandni Chowk, and innovative millet dishes. An elaborate spread of millet recipes has been planned for the world leaders and delegates attending the G20 summit on September 9-10 at the Bharat Mandapam, showcasing the climate-resistant and highly nutritious coarse grains grown across the country. During the summit meeting, the world leaders will also plant saplings of national plants or plant species native to their respective countries as part of efforts to create a G20 Garden in the Bharat Mandapam complex. In an interview to PTI, G20 India Special Secretary Muktesh Pardeshi said arrangements are also afoot to make the India visit memorable for the spouses of the world leaders through live demonstrative sessions on the rich handicrafts legacy of the country coupled with a shopping experience at the National Gallery of Modern Art. «Yes, in some innovative manner, there would be an introduction to street food, and local and regional cuisines of India.

In a landmark decision on August 18, 2023, US District Judge Beryl A. Howell ruled that artwork generated solely by artificial intelligence (AI) cannot be copyrighted. The ruling was made in response to a lawsuit against the US Copyright Office, which had previously denied a copyright request by Stephen Thaler for an image produced using his Creativity Machine algorithm.

France, saying morality should not weigh on art. One of the most successful directors of his generation, Polanski fled the United States over a conviction for raping a 13-year-old girl in 1977, a crime he admitted. After the #MeToo movement gained global traction in 2017 following sexual abuse allegations against U.S. film producer Harvey Weinstein, a number of women alleged that Polanski had sexually assaulted them as teenagers as well. Polanski, a dual French-Polish national, denied the allegations which never went to trial, but he has since found it hard to secure global distribution deals for his movies, even if actors are still lining up to work with him. 'The Palace', a comedy set in a Swiss hotel peopled with a cast of grotesque characters, stars Mickey Rourke, John Cleese, Oliver Masucci, Fanny Ardant and Joaquim De Almeida. The producer Luca Barbareschi said he had sold distribution rights across continental Europe, but not in France, Britain or the United States, despite the fact well-known actors from all three countries appeared in the film. Barbareschi said Polanski's last movie 'An Officer And A Spy', which opened at the Venice Film Festival in 2019 to critical acclaim, had also never been seen in cinemas in the United States, Britain, Australia or New Zealand. «And we ask ourselves why there are wars.

G20 summit from September 9 to 10, arterial stretches in the capital have been given a makeover. As part of the beautification drive, 18 fountains shaped like the 'Shivling' have been installed at several places of the national capital, reported PTI. Aam Aadmi Party (AAP), the ruling party in the national capital, has objected the installation of fountains shaped like ‘Shivling’ and accused Saxena and the BJP of disrespecting the 'Shivling' and also hurting the sentiments of crores of Hindus across the country.

The Adidas /// Studio, also known as the Triple Stripes Studio, has launched a Web3-based digital artist in residency program to showcase and support budding creators in the NFT space.

“One of the most unforgettable experiences was being a part of the legendary Raid-De-Himalaya, which is the highest off-road rally in the world,” says Deepak Bhuvneshwari Uniyal, Co-Founder and CEO (Chief Executive Officer) at Insurance Samadhan. In an interview with ETMarkets, Uniyal said, “I have acquired skills in several martial arts disciplines, including Taekwondo, Jeet Kune Do, and Kickboxing.” Edited excerpts:Thanks for being part of the segment. How was your experience of Shark Tank? I am sure the practices that you do help you in maintaining your cool.Shark Tank transformed Insurance Samadhan, resulting in an impressive 6X growth post-show. Prioritizing controllable factors and maintaining good intentions guided our success.

Mint's journalists tried to take all their interactions very seriously. Many of our correspondents unsheathed the interview technique to bring us exclusive reports and analytical pieces. They're yours to judge.

IBC) during the Corporate Insolvency Resolution Process (CIRP) of the company. Mumbai-based ND’s Art World was promoted by celebrated art director Nitin Desai, who allegedly committed suicide after the company was admitted under the CIRP by the National Company Law Tribunal. Thereafter, an FIR was filed against the senior officials of Edelweiss Asset Reconstruction Company Ltd and Edelweiss Group along with the company’s interim resolution professional. Subsequently, the company’s IRP Jitender Kothari, through his lawyer Nausher Kohli approached the tribunal to seek immunity against any action by the lenders or the disciplinary committee of the Insolvency and Bankruptcy Board of India (IBBI) for any ‘unintentional delay’ in the matter. The tribunal, in its order of August 28 observed that a police case for abetment of suicide under IPC came to be registered in this matter consequent upon suicide by one of the suspended directors of the corporate debtor on the ground that the initiation of CIRP proceedings caused him to commit suicide.

Raymond Pettibon drawing of two apes shooting the breeze hangs between a pair of alabaster sconces from the ’60s. “We use it as a lecture room," Benhamou says jokingly of the space. The house hadn’t been substantially updated in 50 years.

displaced children living in relief camps across the state, and out of them 100 are severely traumatized needing professional counselling. According to the data made available by the department of Social Welfare, government of Manipur, there are 12,694 displaced children living in relief camps across the state, and out of them 100 are severely traumatized needing professional counselling. “A Child may not be traumatized immediately. But that trauma can come up after one week or a month. What we’ve been doing is — initially our counsellors will visit the relief camps.

Indian Hotels Company (IHCL) said on Friday it is launching its flagship Indian-concept restaurant brand, Loya, at the Taj West End, Bengaluru. Loya was launched at The Taj Palace in New Delhi last year. The company said Loya captures the culinary traditions of North India and locations such as the foothills of the Himalayas, the terrains of Punjab and Kashmir. The company will also launch brand Loya at The Taj Mahal in Mumbai following Bengaluru, Taljinder Singh, senior vice president and brand custodian of IHCL told ET.

insolvency code in deceased art director Nitin Desai’s ND's Art World’s insolvency case. In his petition before the NCLT, Nausher Kohli, counsel representing the resolution professional of ND's Art World, said that owing to the sensitivity involved in the matter, the resolution professional will only be able to take necessary steps in discharge of his duties as required to be undertaken under the insolvency code after “normalcy is restored".

Harshvardhan Roongta, CFP, Roongta Services, says “there has to be a very, very appropriate balance between instant gratification and delayed gratification. Now, take the example of children. Since we are talking about children, if at all times, you are going to tell the child that you do not buy today, buy later and you are only depriving the child completely and you are saying that, no, you have to learn only delayed gratification concepts, et cetera, it is going to backfire very, very strongly.”The art of delayed gratification, from an investment point of view, definitely is going to be useful to you. Maybe, in every aspect of your life, you should be applying it. But then let us just break this down for different aspects of your life or different sectors of your life. What do you exactly mean by delayed gratification? How can you simplify it for your kids?Right now, we are living in an era filled with instant gratification, peer group pressure and third-party validation. So, we will post something on social media and we will wait to see how many people have liked it. We are waiting for somebody else to like what we have put up and then we feel good about it. There is a lot of peer pressure.

Adidas /// Studio has announced its very own residency program for "Web3-powered" digital artists.