T V Santosh - Indian Art News https://indianartnews.visionsarts.com News on Modern and Contemporary Indian Art presented by Visions Art Wed, 04 Feb 2009 10:00:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://i0.wp.com/indianartnews.visionsarts.com/wp-content/uploads/2017/10/cropped-Visions-Art.png?fit=32%2C32&ssl=1 T V Santosh - Indian Art News https://indianartnews.visionsarts.com 32 32 136536861 Art Sales: TV Santhosh’s Living With a Wound https://indianartnews.visionsarts.com/art-sales-tv-santhoshs-living-with-a-wound/ https://indianartnews.visionsarts.com/art-sales-tv-santhoshs-living-with-a-wound/#respond Wed, 04 Feb 2009 10:00:00 +0000 http://indianartnews.info/art-sales-tv-santhoshs-living-with-a-wound/ TV Santhosh, Living with a Wound I Living With a Wound, paintings of November’s terrorist attacks in Mumbai by Indian artist TV Santhosh, may help the Indian art market …

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TV Santhosh, Living with a Wound I

Living With a Wound, paintings of November’s terrorist attacks in Mumbai by Indian artist TV Santhosh, may help the Indian art market avoid the chill of recession

By Colin Gleadell
Paintings by one of India’s most successful young artists that were made in response to last November’s terrorist attacks in Mumbai are to be exhibited for the first time in London this week. Drawing on details from the newspaper and television images that shocked the world, the artist TV Santhosh, whose work has attracted the attention of British collectors Frank Cohen and Charles Saatchi, has painted the images so they look like photographic negatives imbued with garish neon green, yellow and red colours. In one, security guards pour out of a truck as the bombs are going off; in another, a sniffer dog is at work outside the Taj Mahal Hotel where a car has just exploded; and in a third, a woman searches through the rubble carrying a piece of paper with a child’s photograph on it.
The exhibition, entitled Living with a Wound, comes at a time when the Indian art market is feeling the chill of recession. Having experienced an unparalleled five-year boom, at first for modern art from the Fifties and Sixties, and then for more recent work by younger artists, cracks began to appear last autumn. In September, a sale at Sotheby’s saw half the works by Indian contemporary artists go unsold. In October, ArtTactic, a research group which analyses the performance of emerging markets, reported that confidence in the Indian contemporary art market had fallen drastically, and blamed the withdrawal of speculators who had moved in in force over the previous two years. Word then spread that a number of buyers had defaulted on payments at the New York auctions. In December, the specialist auction house Saffron Art in Mumbai saw sales from a regular Indian art auction fall from an average $7 million (£3.5 million) throughout the year to just $2.8 million.
As a result, the next Indian art auctions, which are to be held in New York this March, have been severely trimmed. Christie’s, which took nearly $18 million for modern and contemporary Indian art in September 2006, is expecting only a third of that at most. Deepak Shahdadpuri, a Mumbai-based collector, says his biggest concern is what will happen when the numerous funds for Indian art have to realise their invested capital. An estimated $30 million to $40 million has been poured into Indian art investment funds over the last four years. Depending on the terms of their contracts, they could have to start unloading as early as 2010, potentially flooding a market that might not be ready to return those investments.
Galleries which show the latest Indian art are also bracing themselves. While the Serpentine Gallery’s Indian Highway exhibition, which opened in December, was stealing the limelight, a selling exhibition of contemporary Indian art at Phillips de Pury and Co in London generated few sales. Bodhi Art, which is one of the market leaders and has five galleries spread between India, Singapore and America, is adapting to the situation by closing its branches in New York and Berlin. Shahdadpuri believes that “half the new galleries in India could close down. It will be the survival of the fittest.”
Thirteen of these galleries, including Bodhi Art, provide the focal point of ARCO, Spain’s biggest contemporary art fair which opens in Madrid next week. Internationally established artists such as Santhosh, Jitish Kallat and Atul Dodiya will be represented as well as many more who are still on the cusp of recognition. They are bound to attract attention, though whether they will sell is another matter.
For some, there is light even in the gloom. “The art boom saw an enormous improvement in the infrastructure of the market,” says Shahdadpuri. “The galleries became more professional. Collectors became more knowledgeable. And the international exposure given to Indian art has been unprecedented.”
Also, now that the speculators have gone, serious collectors have more choice and more time to buy, he says. Artists will be less pressurised to make work that panders to the market. This could result in better, more thoughtful art.
Conor Macklin, the director of the Grosvenor Vadehra Gallery in St James’s, where Santhosh’s latest works are to be shown, believes that the primary market, where galleries provide the first point of sale for an artist, now offers the best opportunities for collectors. Whereas Santhosh has seen his prices at auction soar to more than £350,000 at auction, his new paintings are priced at £60,000, and some have already been sold.
“The problem with the hottest Indian artists,” says Macklin, “was that speculators would buy them out in the galleries and then resell them at auction for much more.” That is a practice that is now firmly in the past.

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Sotheby’s sees high prices for Indian artists https://indianartnews.visionsarts.com/sothebys-sees-high-prices-for-indian-artists/ https://indianartnews.visionsarts.com/sothebys-sees-high-prices-for-indian-artists/#respond Thu, 17 Jul 2008 06:49:00 +0000 http://indianartnews.info/sothebys-sees-high-prices-for-indian-artists/ KOLKATA: Sotheby’s day sale of contemporary art in London has seen some Indian artists achieve tidy prices. Raqib Shaw’s Chrysanthemum & Bee,which was estimated at £80,000-120 ,000, has been …

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KOLKATA: Sotheby’s day sale of contemporary art in London has seen some Indian artists achieve tidy prices.

Raqib Shaw’s Chrysanthemum & Bee,which was estimated at £80,000-120 ,000, has been picked up for £103,250 and Anish Kapoor’s After Marsyas, with an estimate of £70,000- £90,000, has sold for £109,250.

At the same time, a Subodh Gupta Untitled (Across Seven Seas), sporting an estimate in the range of £40,000- £60,000 has been bought out for £85,250. In the same breath, T V Santosh’s Man Made Famine and the Rats, which was pegged at an estimate of £40,000-60 ,000, has gone for £121,250. In step, an Anish Kapoor Untitled, assessed to sell between £400,000 and £600,000, has been acquired for £481,250.

In an email to ET from London, Mr James Sevier of Sotheby’s Contemporary Art department, said: “The group of works by Indian artists in our major sales of Contemporary Art in London, once again performed exceptionally well. Seven of the nine works offered realised a price that was handsomely in excess of their presale high estimate. We were particularly delighted with the new auction records established for Anish Kapoor (in the Evening Sale) and the leading Pakistani Contemporary artist Rashid Rana (in the Day Sale).”

“The positive results confirm the continued and growing international interest in the Indian contemporary art field. We’re looking forward to building on this again in our Contemporary sales in London in the autumn.”

Incidentally , Pakistan’s Rashid Rana work Veil #6, which showed an estimate of £60,000-80 ,000, shot past the presale value and went for a whopping £325,250. The international section was led by names like Francis Bacon, Anthony Gormley, Richard Prince and Jean-Michel Basquiat. Interestingly, the Basquiat masterpiece, Untitled, from 1982-83 was sold on behalf of the rock band U2 for £5.081 million.

The painting was acquired jointly by members of the band after it was first spotted by bassist Adam Clayton at Robert Miller Gallery in New York. The band acquired Untitled in 1989, and it has since resided in their Dublin studio. A group for 12 works from the Helga and Walther Lauffs collection performed well above expectations when they raised a total of £18.983 million against a presale estimate of £6.470- £8.930 million.

The breakdown of buyers by lots saw Europe leading the way with 49%, US at 39%, Asia 3%, with other regions in the bracket of 8%.

ET Bureau

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INDIAN SUMMER AT SOTHEBY’S LONDON THIS JULY https://indianartnews.visionsarts.com/indian-summer-at-sothebys-london-this-july/ https://indianartnews.visionsarts.com/indian-summer-at-sothebys-london-this-july/#respond Tue, 08 Jul 2008 08:37:00 +0000 http://indianartnews.info/indian-summer-at-sothebys-london-this-july/ Source: antiques-collectibles-auction-news.com SOTHEBY’S SALE OF CONTEMPORARY ART TO FEATURE EXCITING WORKS BY LEADING INDIAN CONTEMPORARY ARTISTSINDIAN ARTISTS such as Subodh Gupta (b. 1964), Bharti Kher (b. 1969), Anish Kapoor …

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Source: antiques-collectibles-auction-news.com

SOTHEBY’S SALE OF CONTEMPORARY ART TO FEATURE EXCITING WORKS BY LEADING INDIAN CONTEMPORARY ARTISTS
INDIAN ARTISTS such as Subodh Gupta (b. 1964), Bharti Kher (b. 1969), Anish Kapoor (b. 1954), Raqib Shaw (b. 1974) and T.V. Santhosh (b. 1968) are an ever-growing force in Sotheby’s international sales of Contemporary Art – in addition to the company’s regular dedicated sales of Indian Art – and this summer’s major series of Contemporary Art sales in London will see this trend gather further momentum still. The sales on Tuesday, July 1 and Wednesday, July 2, 2008, will present a total of eight works by these cutting-edge and highly sought-after names and together the works are estimated in excess of £2 million. The sale will also include a work by Pakistan’s leading Contemporary artist, Rashid Rana.
James Sevier, a specialist in the Contemporary Art department, comments: “The group of works by Contemporary Indian artists being offered in our July sales is the largest group of its kind to be offered in our international Contemporary Art sales in London, indicating the growing international focus on this area of the market. Featuring recent paintings and sculptures by Subodh Gupta, Bharti Kher and TV Santhosh – alongside important works by Raqib Shaw and Rashid Rana – the tightly curated assemblage reveals the broad variety of themes, materials and ideas that are flourishing within India’s Contemporary arts scene at the beginning of the 21st century. As the country’s traditional beliefs and rural way of life are confronted with the rapid pace of change exacerbated by the country’s urban transformation and the global media, the work of these artists explores the divisions and conflicts prevalent in Indian society today.
We have witnessed a huge growth in demand for works by Indian artists over the past 18 months; their work is increasingly being sought by Western and Indian collectors. This demand has seen new record price levels continually being achieved at auction. We expect the works on offer in July to follow recent trends, affirming the position of these artists as some of the most innovative and influential names on the international Contemporary Art auction market today.”
An Untitled sculpture from 2003 by Anish Kapoor leads the group in terms of value, with an estimate of £1-1.5 million. This stunning piece embodies the pioneering manipulation of space and material that characterizes the very best output of this world-renowned sculptor. One of the largest of the artist’s alabaster works and the first double-concave piece to come to auction, its sheer magnitude marks it apart as a sculptural phenomenon, evoking the grandeur of a feat of nature. Contrasting to the immensity of the marble, two beautiful hollows have been carved to mirror each other either side of the monolith, creating a spatial echo across a thin screen of alabaster. Thus, while the work’s scale is truly inspirational, addressing the viewer at eye-level and engaging total bodily experience, the colossus is also imbued with a serene weightlessness. It manifests dualities that have become synonymous with Kapoor’s seminal canon: presence versus absence; infinity versus illusion; and solidity versus intangibility.
An Untitled black Belgian granite sculpture by Kapoor will also be offered with an estimate of £400,000-600,000. Executed in 2002, the sculpture is a further sublime example of the artist’s ongoing sculptural enquiry into the relationships between form, material and space. Powerful in scale, the awe-inspiring physical presence and natural beauty of this rough-hewn monolith engages the viewer at eye level. It is one of only a handful of works that Kapoor has made on this scale in black Belgian granite. A third piece by Kapoor will be a lacquered bronze sculpture entitled After Marsyas. The title of this sculpture relates to Kapoor’s 2002 commission for the Unilever Series in the Turbine Hall at Tate Modern entitled Marsyas. After Marsyas, estimated at £70,000-90,000, presents an experimental lens for contemplating the metaphysical polarities of human experience.
Subodh Gupta’s Untitled from 2005 is estimated at £200,000-300,000 and this work will see Gupta – who is arguably the most internationally recognised of all the Indian Contemporary artists – take the stage in a major Evening Sale of Contemporary Art at Sotheby’s once again. The Untitled canvas depicts a vessel stall glistening in the pink dawn of sunrise and it is one of the artist’s most important and powerful photo-realist paintings to ever come to the market. The canvas captures the sense of promise and expectation that epitomises the mood of ambition and prosperity within India’s flourishing economy. The glistening pots and pans mark a stark contrast with the flatness of the soft pink background, creating a strong visual tension. The pots and pans are everyday icons of India’s complex and rapidly evolving contemporary identity; they are a staple of Indian homes both among the rural and urban echelons of society. Gupta utilises the stainless steel objects to inspire a commentary upon the prevailing social ills of discrimination, caste politics, industrialisation and religious tensions exacerbated by India’s urban transformation.
A second work by Gupta will be a highlight of the Contemporary Art Day Sale and this comprises a cast aluminium sculpture from an edition of three entitled Untitled (Across Seven Seas). This piece is estimated at £40,000-60,000.

New Delhi-based Bharti Kher is a trans-cultural Indian whose broad artistic language explores everyday concerns like identity, race, ethics and society and their continued dislocation within a global media age. Executed in fibreglass, wood and fur and estimated at £40,000-60,000, Misdemeanours from 2006 is one of Kher’s most iconic and powerful sculptures. It captures a snarling hyena whose hyper-real – almost hallucinatory form – typifies the dream-like characters inhabiting the surreal landscape of Kher’s imagination. It points towards the shattered harmony between man and nature in a modern society in which animals are increasingly confined to laboratories, zoos and tourism in their struggle for survival against the onset of urban expansion and a booming human population.
Raqib Shaw’s Chrysanthemum & Bee (after Kotsushika Hokusai) encapsulates the multiple layers – in terms of both style and subject matter – that typify the work of this artist. Shaw’s output can be defined as occupying a space between two artistic traditions; that of Kashmir in India (where he was born) and also London (where he now lives). Taking inspiration from the work of the great Japanese painter and printmaker Kotsushika Hokusai, Shaw applies a vibrant Kashmiri palette to the Japanese organic source motif, transforming the subdued, delicate hues of the original print into an explosion of iridescent colours. Motion in an otherwise static image comes from the bee that is, like the eye of the viewer, drawn to the flower. Shaw’s treatment of the chrysanthemum – considered in the Western world to be the symbol of death and mourning – is a masterstroke in the inverting of preconceived notions and truly embraces the Japanese interpretation of the flower as a symbol of regeneration. The panel was acquired directly from the artist by the seller in 2001 and is estimated at 80,000-120,000.
Further Day Sale highlights include TV Santosh’s oil on canvas from 2005, Man Made Famine and the Rats, estimated at £40,000-60,000 and a stunning work by Pakistan’s leading Contemporary artist Rashid Rana entitled Veil #6.
Since Rana’s first solo exhibition in 2004 with Peter Nagy’s Nature Morte Gallery, he has become one of the leading figures of Mumbai’s vibrant Contemporary Art scene. Rana is an artist who is best known for his photographs, videos and installations which tackle multiple issues such as politics of gender, violence and popular culture, as well as the authenticity of a work of art in the current media age of global distribution. Veil #6 belongs to Rana’s critically acclaimed series of works that drew their inspiration from the urban environment of his home city of Lahore. It depicts a found newspaper image of five veiled Muslim women at a protest rally against un-Islamic dress and brings together all of the artist’s concerns regarding gender, race, the media and popular culture with a single image. Added to this is the work’s underlying subversive content – namely the thousands of tiny pornographic images that describe the composite image in a pixelated x-rated mosaic. Rana’s photographic practice creates images that offer an alternative view of how popular ideas and prejudices are created.
* Pre-sale estimates do not include buyer’s premium
Sotheby’s holds the record for any Indian work of art sold at auction. This was set by Raqib Shaw’s Garden of Earthly Delights III , which sold for £2,708,500 (US$5,491,755) in London in October 2007.
The works will be on view at Sotheby’s, New Bond Street, London on:
Saturday 28 June 12noon – 5 pm
Sunday 29 June 12 noon – 5 pm
Monday 30 June 9 am – 7 pm
Tuesday 1 July 9 am – 12 noon

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Investors Turn to Art; Sales Make Record $1.1 Billion https://indianartnews.visionsarts.com/investors-turn-to-art-sales-make-record-1-1-billion/ https://indianartnews.visionsarts.com/investors-turn-to-art-sales-make-record-1-1-billion/#respond Tue, 08 Jul 2008 08:32:00 +0000 http://indianartnews.info/investors-turn-to-art-sales-make-record-1-1-billion/ By Scott ReyburnLondon auction houses sold a record 558.8 million pounds ($1.1 billion) of art including fees over two weeks, with buyers coming into the market seeking to make …

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By Scott Reyburn
London auction houses sold a record 558.8 million pounds ($1.1 billion) of art including fees over two weeks, with buyers coming into the market seeking to make money as other investments stalled.
The total, calculated by Bloomberg from auction house results, is the highest for Impressionist and contemporary sales in London, beating the 521.1 million pounds in February.
“There’s no confidence in stock markets at the moment,” said London dealer Alan Hobart, of Pyms Gallery. “People have realized there’s money to be made out of art.”
The auction houses’ day sales of “affordable items” under 500,000 pounds showed continuing demand. A week ago, analysts said that the global economic slowdown and credit crunch might reduce sales for priced at less than $1 million, while billionaires such as Russia’s Roman Abramovich would continue to buy trophies.
The high point of the series was the 40.9 million pounds with fees paid on June 24 at Christie’s International for Claude Monet‘s 1919 water-lily painting, “Le Bassin aux Nympheas.” The price, twice the mid estimate, bid in the room by the London-based art adviser Tania Buckrell Pos, was the highest paid for an Impressionist work of art in Europe, said Christie’s.
When contacted by telephone, Buckrell Pos said she could not make any comment about the nationality of her client. “But there’s no doubt that people are now treating art as an alternative asset class,” she said.
Sale Totals
For the first time, Christie’s and Sotheby’s held Impressionist and contemporary auctions in successive weeks. Their contemporary sales, combined with Phillips de Pury, fetched 260.9 million pounds. February’s sales were 250.1 million pounds.
The pursuit of “passion investments” by the world’s richest individuals remains undeterred by economic volatility, said the World Wealth Report, published last month by Merrill Lynch & Co. and Capgemini SA.
Worldwide, High Net Worth Individuals spent 15.9 percent, the highest proportion, of their “Investment-of-Passion” dollars on fine art, said the report. The European wealthy are the most avid consumers, spending 22 percent of these dollars on art, it said.
On July 3, Sotheby’s 329-lot day sale of contemporary art made 26.8 million pounds with fees against an estimate of 19.8 million pounds to 28 million pounds. Eighty-three percent of the lots found buyers.
Keeping Up
“Many new buyers are coming into the market,” London dealer Michael Hue-Williams said in an interview. “It’s a `keeping up with the Joneses’ thing. They see contemporary art at a friend’s place, then they want to own some. The easiest thing to do is go along to an auction house.” His Albion Gallery represents international contemporary artists.
“The doom mongers are wrong,” said London-based dealer Kenny Schachter. “Contemporary art’s where the action is. It’s become a commodity market like oil or copper.”
Sellers were making profits from works by emerging market favorites bought in the last three years. In May, the Pakistani- born Rashid Rana topped the “Indian Contemporary Art Market Confidence Ranking” by London-based research company ArtTactic.
Pornographic Photos
Rana’s 2007 work, “Veil #6” — an image of five women in burqas, made of thousands of tiny pornographic photos — sold at Sotheby’s to a telephone buyer for 325,250 pounds with fees. The 5-foot, 10-inch-wide photomontage, with a lower estimate of 60,000 pounds, was from an edition of five.
“The current gallery price for this type of Rana is about $60,000,” Conor Macklin, director of London’s Grosvenor Gallery said in an interview. The gallery, which specializes in Indian art, held a 2005 exhibition of works by Indian contemporary painter T.V Santhosh, who is second in ArtTactic’s Indian art confidence rankings.
Santhosh’s 6-foot-wide canvas, “Man Made Famine and the Rats,” was bought at the show for $15,000, said Macklin. At Sotheby’s it sold for a twice-estimate 121,250 pounds with fees.
“The international appeal of these artists is making them fetch high prices,” said Macklin.
James Sevier, specialist in charge of Sotheby’s auction, said that more than half the lots had sold to European private buyers in his day sale.
“A lot of them buy at our evening sales and so aren’t the sort of people who are affected by economic downturns,” he said.
Christie’s and Phillips experienced more mixed demand at their contemporary day sales.
New Saleroom
On June 30, Phillips only managed to sell 57 percent of the 391 lots it was offering at its new saleroom in a former mail sorting office in Victoria.
The auction, with many young Western and Chinese artists, totaled 6.3 million pounds against a low estimate of 11.2 million pounds.
When contacted by telephone, no senior specialist at Phillips de Pury was available for interview.
“It’s all about presentation, marketing and getting the estimates right,” said London dealer Gerard Faggionato, who represents the Francis Bacon Estate. “Sotheby’s were also selling more classic material.”
The following day Christie’s raised 22.4 million pounds with fees from 337 contemporary lots, 67 percent of which found buyers. The presale estimate was 22.8 million pounds to 32.2 million pounds.
“Christie’s had good material,” said Schachter. “The estimates were just too high. The market’s in good health, but if you get too aggressive with prices it can be fickle.”

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Northward bound https://indianartnews.visionsarts.com/northward-bound/ https://indianartnews.visionsarts.com/northward-bound/#respond Mon, 30 Jun 2008 09:28:00 +0000 http://indianartnews.info/northward-bound/ The Economic Times The price curve of Indian art is shooting north in the global market because of ‘increased consciousness’ about it, say experts. This has been brought about …

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The Economic Times

The price curve of Indian art is shooting north in the global market because of ‘increased consciousness’ about it, say experts. This has been brought about by greater visibility of art and artists from the country and easy access to relevant information about Indian art from the internet, they say. “Indian art is becoming a part of international consciousness, which is why we have seen a spectacular growth in this field,” Yamini Mehta, director of modern and contemporary Indian art at the London-based Christie’s, told IANS on e-mail. “Boundaries are becoming more fluid. We are seeing more Indian artists being represented in international museum exhibitions and art fairs. The exposure is helping create newer collectors who actively seek out works by the best of Indian artists to add to their collections,” Mehta said. On June 11, a painting by F.N. Souza, an Indian artist who spent the better part of his life in New York, sold for $2.5 million, while an untitled painting by Tyeb Mehta (Figure in a Rickshaw) fetched 982,050 pounds setting new price records at the Christie’s auction in London. Five of contemporary artist Subodh Gupta’s works were also sold in the same auction at record prices. Gupta’s ‘Bucket,’ an abstract canvas with the symbolic motif of his trademark bucket, was sold for 121,250 pounds while his ‘Magic Wands’ and ‘Cotton Wicks’ were sold for 169,250 pounds and 15,000 pounds respectively. Twelve artists set new records in terms of prices at the auction in London. According to experts, Indian art in general had a higher price profile in almost every international art show this year. A New Delhi-based dealer, Nature Morte, sold a set of three sculptures by Gupta for nearly $1 million, while a painting by rising star T.V. Santosh went out to a British collector for $170,000 at the prestigious Art Basel, the largest fair of modern and contemporary art in Switzerland. Gupta’s seven-metre wide ‘Triptych’ sold for $1 million in the same fair. In March 2008, M.F. Husain’s ‘Battle of Ganga and Jamuna’ sold for $1.6 million in New York. Auction houses and dealers attribute the boom to growing consciousness and appreciation of According to Mehta, the new breed of collectors, who are armed with more money, are incredibly well informed. “They usually look for a combination of three factors in an art work – lineage, the artist and its freshness. “For instance, the ‘The Birth’ by F.N. Souza which sold for a record-breaking price of $2.5 million, had the combination of all the three: it was a large museum quality masterpiece by one of the giants in Indian art and completely fresh to the market,” Mehta said. The freshness of the artwork, experts claimed, was instrumental in pushing up its price. Peter Nagy, director of Nature Morte Gallery in Delhi, which sold almost all its works at the Basel fair, says the increase in price is directly related to the demand for the works and the increased attention that the international art world is paying to contemporary art works coming out of India today.

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India art week at auction houses https://indianartnews.visionsarts.com/india-art-week-at-auction-houses/ https://indianartnews.visionsarts.com/india-art-week-at-auction-houses/#respond Thu, 26 Jun 2008 08:25:00 +0000 http://indianartnews.info/india-art-week-at-auction-houses/ Christie’s and Sotheby’s expect contemporary works to fetch millions of pounds AMIT ROYSubodh Gupta’s untitled canvas and (above) Raqib Shaw’s Chrysanthemum & Bee, to be auctioned at Sotheby’sLondon, June …

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Christie’s and Sotheby’s expect contemporary works to fetch millions of pounds

AMIT ROY

Subodh Gupta’s untitled canvas and (above) Raqib Shaw’s Chrysanthemum & Bee, to be auctioned at Sotheby’s
London, June 25: India in transition appears to be the theme of works by contemporary Indian artists, especially Subodh Gupta from Bihar, which are due to be sold at auction at both Sotheby’s and Christie’s in London.
On Tuesday and Wednesday next week, Sotheby’s is offering eight works by “the cutting-edge and highly sought-after names of Subodh Gupta, Bharti Kher, Anish Kapoor, Raqib Shaw and T.V. Santhosh”.
This will be preceded by an auction on Monday at Christie’s, featuring works by Subodh Gupta, Anish Kapoor and Syed Haider Raza.
It seems the world’s two premier auction houses are almost competing for the best of contemporary Indian art but, collectively, their sales in London and New York have driven up prices so that million-pound-plus figures are no longer rare.
At Sotheby’s, Calcutta-born and London-educated Raqib Shaw’s Chrysanthemum & Bee (“an explosion of iridescent colours, with a rich gold border”), inspired by the Japanese painter and printmaker Kotsushika Hokusai (1760-1849), has a reserve price of £80,000-120,000 (Rs 68 lakh to Rs 1.02 crore).
The auction house has proudly pointed out: “Sotheby’s holds the record for any Indian work of art sold at auction. This was set by Raqib Shaw’s Garden of Earthly Delights III, which sold for £2,708,500 (Rs 22.7 crore) in London in October 2007.”
Sotheby’s says “Indian artists are an ever-growing force in Sotheby’s international sales of contemporary art” and that this summer’s sales in London “will see this trend gather further momentum still”.
At Sotheby’s, Subodh Gupta’s untitled canvas from 2005, estimated at £200,000-300,000, depicts “a vessel stall glistening in the pink dawn of sunrise”.
Over at Christie’s, Subodh Gupta’s Dubai to Calcutta, bronze and aluminium, in three parts, has a reserve price of £150,000-200,000.
“Dubai to Calcutta is one of an important series of works known as Across Seven Seas made in 2006,” states an explanatory note from Christie’s.
“Consisting of a series of aluminium and bronze cast replicas of the kind of luggage that millions of Indian migrant workers bring back to India on trolleys as the materialistic fruit of their labour in other lands, these works are commemorative statues of a widespread contemporary economic phenomenon particularly relevant to Subodh Gupta’s home state of Bihar.”
It adds: “The impoverished Indian state of Bihar has been providing a large percentage of India’s large population of migrant workers for over a hundred years.”
It goes on: “Serving as a kind of opposite to Gupta’s sculptures of commonplace pots and pans, these luxuriously rendered baggage trolleys represent the extraordinary, but in fact also pitiful, material objects from the outside world so proudly brought back into the country by migrant workers, in the same way that the kitchen utensils seem to symbolise the disappearing culture of home.”
This insightful observation also applies to Anish Kapoor, who came to London from Mumbai, while Raza settled in Paris (he received a Padma Bhushan last year).
At Sotheby’s, Kapoor’s untitled sculpture from 2003, which features hollows scooped from alabaster, has an estimate of £1-1.5 million.
At Christie’s, there are three of the sculptor’s works on sale, with the most expensive, featuring a polished purple mirror, given a reserve price of £600,000-800,000.
Kapoor has always striven not to be narrowly classified as “Indian” or “ethnic”, though today claiming he is really the son of Mother India may add to his lustre.
Raza’s La Terre, acrylic on canvas, is estimated to fetch £1,000,000-1,500,000 by Christie’s, which says: “Rooted in Raza’s childhood memories of life growing up in the small and densely forested village of Kakaiya near the Narmada River valley in Madhya Pradesh, the painting is an evocative expression of the rich density and strong sensory life inherent with the deep, warm, blackness of the Indian night.”
Raza, who has lived in France, has given a quote on what has driven him: “I have never left India. I love my country and I am proud of it. I have been linked with the profound spiritual, religious message that India has to give to Indians and to the world of which we are forgetful at times, even in India.”

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Contemporary artists have a London date https://indianartnews.visionsarts.com/contemporary-artists-have-a-london-date/ https://indianartnews.visionsarts.com/contemporary-artists-have-a-london-date/#respond Tue, 24 Jun 2008 08:30:00 +0000 http://indianartnews.info/contemporary-artists-have-a-london-date/ Ashok NagIndian artists like Subodh Gupta, Bharti Kher, Anish Kapoor, Raqib Shaw and TV Santosh are slated to fire up Sotheby’s international sale of contemporary art in London soon. …

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Ashok Nag
Indian artists like Subodh Gupta, Bharti Kher, Anish Kapoor, Raqib Shaw and TV Santosh are slated to fire up Sotheby’s international sale of contemporary art in London soon. The renowned auctioneer is offering eight works by ‘cutting-edge’ Indian artists. The pieces are estimated to cost over £2 million. An untitled 2003 sculpture by Anish Kapoor leads the group in terms of value, showing an estimate of £1-1 .5 million. “Anish Kapoor’s stunning piece embodies the pioneering manipulation of space and material that characterises the very best output of this worldrenowned sculptor,” James Sevier, a specialist in Sotheby’s contemporary art department, told ET in an email from London. “It manifests dualities that have become synonymous with Mr Kapoor’s seminal canon, presence versus absence; infinity versus illusion; and solidity versus intangiblity.” An untitled black Belgian granite sculpture by Mr Kapoor will also be offered at an estimate of £400,000-600 ,000. A third Kapoor piece is a lacquered bronze sculpture titled After Marsyas. The title of the sculpture relates to Mr Kapoor’s 2002 commission for the Unilever Series in the Turbine Hall at Tate Modern entitled Marysas. After Marsyas is estimated at £70,000-90 ,000. Subodh Gupta’s untitled 2005 creation is estimated between £200,000 and £300,000. The work will see Mr Gupta, arguably one of the most internationally recognised of Indian Contemporary artists, take the stage in a major Evening Sale of Contemporary Art at Sotheby’s once again. A second Subodh Gupta work from an edition of three untitled (Across Seven Seas) is pegged at £40,000-60 ,000. At the same time, Bharti Kher’s fibreglass, wood and fur work, Misdemeanours is priced at £40,000-60 ,000. In step, Raqib Shaw’s Chrysanthemum & Bee (after Kotsushika Hokusai) is estimated at £80,000-120 ,000, while TV Santosh’s 2005 oil on canvas, Man-Made Famine and the Rats is valued at £40,000-60 ,000. Mr Sevier added, “The group of works by contemporary Indian artists being offered in our July sales is the largest group of its kind to be offered in our international Contemporary Art sales in London. This indicates the growing international focus on this area of the market. The tightly curated assemblage reveals the broad variety of themes, materials and ideas that are flourishing within India’s contemporary arts scene at the beginning of the 21st century. As the country’s traditional beliefs and rural way of life are confronted with the rapid pace of change exacerbated by the country’s urban transformation and the global media, the work of these artists explores the divisions and conflicts prevalent in Indian society today.” Summing up, Mr Sevier said, “We have witnessed a huge growth in demand for works by Indian (Contemporary) artists over the past 18 months. Their work is increasingly being sought by Western and Indian collectors. This demand has seen new record price levels continually being achieved at auction. We expect the works on offer in July to follow recent trends, affirming the position of these artists as some of the most innovative and influential names on the international Contemporary Art auction market today.”

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Subodh Gupta joins million-dollar league with Christie’s sale https://indianartnews.visionsarts.com/subodh-gupta-joins-million-dollar-league-with-christies-sale/ https://indianartnews.visionsarts.com/subodh-gupta-joins-million-dollar-league-with-christies-sale/#respond Fri, 13 Jun 2008 09:04:00 +0000 http://indianartnews.info/subodh-gupta-joins-million-dollar-league-with-christies-sale/ Malaysia SunFriday 13th June, 2008(IANS) Artist Subodh Gupta, known as New Delhi’s Damien Hirst, has moved into the record making million dollar bracket alongside Francis Newton Souza and Tyeb …

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Malaysia Sun
Friday 13th June, 2008
(IANS)

Artist Subodh Gupta, known as New Delhi’s Damien Hirst, has moved into the record making million dollar bracket alongside Francis Newton Souza and Tyeb Mehta with the sale of his untitled installation of steel pots for $1.2 million at Christie’s sale of Indian contemporary art here.

Gupta, Souza and Mehta were the stars of Wednesday’s sale and set new records. Souza’s 1955 work ‘Birth’ was bought for $2.5 million by the sister of Tina Ambani, who runs the Mumbai-based Harmony Art Foundation. Mehta’s untitled painting, part of a dramatic series he has done to mark the miseries of rickshaw pullers, went for $1.9 million, beating his previous record price of $1.6 million at a New York auction in 2005.

Of the 111 lots, Christie’s sold 78. Although some works by Souza, Syed Haider Raza and Maqbool Fida Husain failed to find takers, young artists like Gupta and T.V. Santosh helped Christie’s make a profit.

Gupta is becoming increasingly popular among international buyers. His work at Art Basel, the world’s largest fair of modern and contemporary art that is held in Switzerland, caught the eyes of buyers and collectors last week. His seven metre wide ‘Triptych’ sold for $1 million.

Indian art in general had a higher profile than before at Basel this year. New Delhi dealers Nature Morte sold everything from a set of three sculptures by Gupta for about $1 million to ‘Enemies’ Enemy 2′, a painting by rising star TV Santosh, bought by British collector Frank Cohen for about $170,000.

Last month, Subodh Gupta’s painting of a man pulling an airport luggage trolley was auctioned by Christie’s for a record price of almost $1.2 million in Hong Kong, which set a new record for India’s younger contemporary artists.

Subodh Gupta now holds two such records at Christie’s and has become the youngest Indian artist to enter the million-dollar fold.

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