New Delhi, India – In
2008 New Delhi-based Subodh Gupta,
known for sculptures created from hundreds of pieces of shiny kitchenware,
joined the tiny list of Indian artists whose work has sold for over a million
dollars. In Delhi, it seems, art has become good work if you can get it. But
if million-dollar sculptures are out of your league, you can still admire the
stuff at one of a series of new spots around the city dedicated to the business
of marrying art with, well, business.
Art 40 Basel ~ Extraordinary Quality; Surprisingly Strong Results With 61,000 Attending
BASEL.- The 40th edition of Art Basel closed on
Sunday, June 14, 2009. This year, the annual reunion of the international
artworld attracted 61,000 artists, collectors, curators, and art lovers
from around the globe, slightly more than last year and the highest number
ever. The participating galleries, art connoisseurs, and the
media were unanimous in pronouncing this a strong year for the show. Art
40 Basel demonstrated the health of the high-quality segment within the
art market: Collectors rewarded excellent material and strong booth
presentations with unexpectedly strong sales throughout the week.