Tipu Sultan's sword, royal treasures in Sotheby's auction

October 3, 2013

Tipu_SultanLondon, Oct 3: Weapons, rare paintings, pottery as well as jewelled treasures that once belonged to Tipu Sultan, Deccan kingdoms, the Mughals and among other royals are included in Sotheby's first-ever auction of Imperial India here on October 9.

"Art of Imperial India," an auction comprising 90 objects encompassing almost 500 years of every kind of decorative art produced in the region.

"The sale will include works of museum quality, rarity and beauty spanning five centuries. With this diversity we have already attracted a great deal of international interest," Benedict Carter, Director, Head of Auction Sales Middle East said in a statement.

Among the auction highlights are eleven works relating to Tipu Sultan, 'Tiger of Mysore' (1750–1799).

The sword fitted with a captured English blade, taken as booty during the storming of the fortress of Seringapatam by the British in May 1799 and decorated with Tipu's personal emblem, the 'bubri', or tiger-stripe motif, has been estimated to fetch between 80,000-120,000 pounds.

An 18th century diamond-set and enamelled gold tray and casket (pandan) is expected to go under the hammer and fetch an estimated 200,000 – 300,000 pounds.

A further highlight is an 11-bore silver-mounted flintlock duck gun from the personal armoury of Tipu Sultan, signed Sayyid Ma'sum, Patam, dated Mawludi year 1218 (1789-90), has an estimated auction price ranging between 80,000-100,000 pounds.

A gem-set gold dagger and scabbard, Mughal, circa 1700, has been estimated to fetch between 80,000-120,000 pounds.

A monumental Pahari style painting depicting an enthroned Rama and Sita circa 1830-40, has been estimated to fetch between 100,000-150,000 pounds.

"The Rich Man and Lazarus" an early 17th century Mughal drawing after an engraving by Jan Sadeler of Jacopo Bassan's painting Indian, has been estimated to fetch between 10,000-15,000 pounds.

A portrait of a nobleman with a dog, attributable to a follower of well-known Perso-Mughal-Deccani artist Farrukh Beg, possibly Muhammad Ali, Mughal, early 17th century has been estimated to fetch between 60,000-80,000 pounds.

The composition of a princely youth standing or seated in front of blossoming trees was a popular one in Persian and Mughal painting of this period.

Sotheby had previously conducted sales of Indian Art in April and May 2011 which fetched the auctioneers record sales of Stuart Cary Welch's collection.

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Agencies
February 17,2020

Google on Monday announced it is gradually winding down its free public Wi-Fi Station programme currently available at over 400 railway stations in India, and will work with the Indian Railways and Railtel Corporation to help them with existing sites so they can remain useful resources for people.

Google launched its Station initiative in India in 2015 to bring fast, free public Wi-Fi to over 400 of the busiest railway stations in the country by mid-2020.

"We crossed that number by June 2018 and implemented Station in thousands of other locations around the country in partnership with telecommunications companies, ISPs and local authorities," Caesar Sengupta, Vice President, Payments and Next Billion Users, Google, said in a statement.

"Over time, partners in other countries asked for Station too and we responded accordingly. We're grateful for these partnerships, especially with the Indian Railways and the Government of India, that helped us serve millions of users over the last few years," he added.

According to Google, the decision to shut Station has been taken keeping the affordable mobile data plans and mobile connectivity in mind that is improving globally including in India.

"India, specifically now has among the cheapest mobile data per GB in the world, with mobile data prices having reduced by 95 per cent in the last 5 years, as per TRAI in 2019," said Sengupta.

The Indian users consume close to 10GB of data, each month, on average, according to reports.

"Our commitment to supporting the next billion users remains stronger than ever, from continuing our efforts to make the internet work for more people and building more relevant and helpful apps and services," Sengupta noted.

Global networking giant Cisco last year teamed up with Google to roll out free, high-speed public Wi-Fi access globally, starting with India.

The first pilot under the partnership was rolled out at 35 locations in Bengaluru.

Sengupta said that in addition to the changed context, the challenge of varying technical requirements and infrastructure among our partners across countries has also made it difficult for Station to scale and be sustainable, especially for our partners.

"And when we evaluate where we can truly make an impact in the future, we see greater need and bigger opportunities in building products and features tailored to work better for the next billion user markets," he said.

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Agencies
February 26,2020

New Delhi, Feb 26: With the government pushing for the disinvestment of Air India, industrial conglomerate Adani Group may emerge as one of the bidders for the debt-laden national carrier, sources said.

According to highly placed sources, the Group has held internal rounds of deliberations on whether or not to submit an Expression of Interest (EoI) and the discussions are still in the preliminary stage.

If the company actually submits an EoI, it would be a major move towards further diversification of the company which has business interests across sectors right from edible oil, food to mining and minerals. 

It also entered into airport operations and maintenance business and won bids for privatisation of six airports, Ahmedabad, Lucknow, Jaipur, Guwahati, Thiruvananthapuram and Mangaluru in 2019. 

On being contacted by IANS, the company did not comment on the matter.

Air India is one of the most important divestment proposals for the current fiscal to reach the huge Rs 2.1 lakh crore target.

The government in January restarted the divestment process of the airline and invited bids for selling 100 per cent of its equity in the state-owned airline, including Air India's 100 per cent shareholding in AI Express Ltd. and 50 per cent in Air India SATS Airport Services Private Ltd.

After its unsuccessful bid to sell Air India in 2018, the government this time has decided to offload its entire stake. In 2018, it had offered to sell its 76 per cent stake in the airline.

Of the total debt of Rs 60,074 crore as of March 31, 2019, the buyer would be required to absorb Rs 23,286 crore.

Air India, along with its subsidiary Air India Express, has a total operational fleet of 146 aeroplanes.

Further, the disinvestment department has extended the last date for submission of written queries on the Performance Information Memorandum and Share Purchase Agreement to March 6.

The last date for submission of written queries on PIM and SPA was originally set for February 11, following which the Department of Investment and Public Asset Management (DIPAM) on February 21 issued 20 clarifications on the queries raised and expected.

Any delay in the tentatively rolled out timeline would also delay DIPAM's plan to identify the pre-qualified bidders by March 31 and the financial bids invitation as well. It is expected to take more than two months after the selection of the pre-qualified bidders to complete Air India's sale.

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Agencies
July 18,2020

New Delhi, Jul 18: India's national cybersecurity agency CERT-in, has warned people of credit card skimming spreading across the world through e-commerce platforms.

Attackers are typically targeting e-commerce sites because of their wide presence, popularity and the environment LAMP (Linux, Apache, MySQL, and PHP), the Computer Emergency Response Team (CERT-In) said in a notice on Thursday.

Recently, attackers targeted sites which were hosted on Microsoft's IIS server running with the ASP.NET web application framework, it said.

Some of the sites affected by the attack were found to be running ASP.NET version 4.0.30319, which is no longer officially supported by Microsoft and may contain multiple vulnerabilities, CERT-In said.

The notice also included a list of best practices for website developers including the use of the latest version of ASP.NET web framework, IIS web server and database server.

The advisory is based on research by Malwarebytes which found that this skimming campaign likely began sometime in April this year.

Credit card skimming has become a popular activity for cybercriminals over the past few years, and the increase in online shopping during the pandemic means additional business for them, too, Malwarebytes said in a blog post, adding that attackers do not need to limit themselves to the most popular e-commerce platforms.

Researchers from global cybersecurity and anti-virus brand Kaspersky had warned in December last year that more cybercriminal groups will target online payment processing systems in 2020. 

It said that over the past couple of years, so-called JS-skimming (the method of stealing of payment card data from online stores), has gained immense popularity among attackers. 

Kaspersky researchers in their report said they are currently aware of at least 10 different actors involved in these type of attacks.

Their number will continue to grow during the next year, the report said, adding that the most dangerous attacks will be on companies that provide services such as e-commerce as-a-service, which will lead to the compromise of thousands of companies.

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