Indian artist creates new record at Bonhams auction London: A stunning image by one of India's foremost modern artists Jehangir Sabavala sold for a record 253,650 pounds to lead a strong selection of works by major South Asian artists at the Bonhams annual summer sale of Modern and Contemporary South Asian art on Thursday.

Sabavala's piece of art Vespers I had been estimated to sell for 100,000-150,000 pounds but after a saleroom tussle between two buyers, it was knocked down for a massive 253,650 pounds - a world record for an Indian at Bonhams.

Illustrated on the cover of his monograph by Ranjit Hoskote, 'The Crucible of Painting: The Art of Jehangir Sabavala, Vespers I' is one of Sabavala's most important works, representing a key period of transition in the artist's oeuvre.

It was first exhibited at the Jehangir Art Gallery in Mumbai and then at his solo exhibition at the Commonwealth Institute, London....more    
08:40 PM, Jun 07, 2012

Husain, Raza art works at summer sale in London New Delhi: Paintings by MF Husain and SH Raza among other modern and contemporary artists figure among the highlights of Indian art in two upcoming summer sales abroad. "The Sixth Seal" by Husain estimated at 500,000 pounds and exhibited at Oxford's Museum of Modern Art's 'India: Myth and Reality, Aspects of Modern Indian Art' in 1982, is up for bidding at Sotheby's South Asian modern and contemporary art sale scheduled...  
12:56 PM, May 25, 2011