Christie's begins second annual auction of Indian art

The Indian art world is on everyone's mind once again and that's because art auction house Christie's is conducting its second annual auction of Indian art. This year's auction features 80 pieces of art, including works by VS Gaitonde, Tyeb Mehta, SH Raza and Ram Kumar. 45 lots have been sold so far, with the most expensive sale being Tyeb Mehta's painting titled "The Falling Bull", which has fetched 15 crore rupees. Of course, this is much lower than the most expensive sale last year -- a VS Gaitonde piece that went for 23.8 crore rupees. Remember, last year's edition of the auctions raised 96 crore rupees in all.