Christie's set for its first auction in India

Christie's, the world's largest auction house, are doing their first ever auction in India with 83 works on sale. A "Mahishasur" by Tyeb Mehta that has been estimated at Rs. 7.5-9.5 crore is the star piece of this auction. In 2005, another painting from Mr Mehta's 'Mahishasur' series had become the first ever Indian work of art to cross the 1 million dollar mark. Hugo Weihe, the auctioneer who brought the hammer down for that record sale is the one who will conduct today's India auction as well. (Read more)