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
March 15,2020

Cybercriminals continue to exploit public fear of rising coronavirus cases through malware and phishing emails in the guise of content coming from the Centers for Disease Control and Prevention (CDC) in the US and World Health Organisation (WHO), says cybersecurity firm Kaspersky.

In the APAC region, Kaspersky has detected 93 coronavirus-related malware in Bangladesh, 53 in the Philippines, 40 in China, 23 in Vietnam, 22 in India and 20 in Malaysia. 

Single-digit detections were monitored in Singapore, Japan, Indonesia, Hong Kong, Myanmar, and Thailand. 

Along with the consistent increase of 2019 coronavirus cases comes the incessant techniques cybercriminals are using to prey on public panic amidst the global epidemic, the company said in a statement. 

Kaspersky also detected emails offering products such as masks, and then the topic became more commonly used in Nigerian spam emails. Researchers also found scam emails with phishing links and malicious attachments.

One of the latest spam campaigns mimics the World Health Organisation (WHO), showing how cybercriminals recognise and are capitalising on the important role WHO has in providing trustworthy information about the coronavirus.

"We would encourage companies to be particularly vigilant at this time, and ensure employees who are working at home exercise caution. 

"Businesses should communicate clearly with workers to ensure they are aware of the risks, and do everything they can to secure remote access for those self-isolating or working from home," commented David Emm, principal security researcher.

Some malicious files are spread via email. 

For example, an Excel file distributed via email under the guise of a list of coronavirus victims allegedly sent from the World Health Organisation (WHO) was, in fact, a Trojan-Downloader, which secretly downloads and installs another malicious file. 

This second file was a Trojan-Spy designed to gather various data, including passwords, from the infected device and send it to the attacker.

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Agencies
May 14,2020

Social media platform WhatsApp assured the Supreme Court on Wednesday that it will not roll out its payment services without complying with all payment regulations and norms in the country.

A bench headed by Chief Justice S.A. Bobde and comprising Justices Indu Malhotra and Hrishikesh Roy took up the matter through video conferencing. Senior advocate Kapil Sibal, representing the social media platform, said "WhatsApp Inc makes a statement on behalf of his client that they will not go ahead with the payments' scheme without complying with all the regulations in force."

The statement was made during the hearing of a petition seeking a ban on payment through WhatsApp, as it does not conform to the data localization norms. The top court took the assurance made by WhatsApp on record.

WhatsApp made the statement during the hearing of a plea seeking a ban on its payment service, for not being in line with data localization norms.

In 2018, WhatsApp was granted a beta licence to launch its payment service, but a dedicated and separate app is yet to be launched. A petition was moved in the apex court that WhatsApp's existing model for its payments service should be declared inconsistent with the Unified Payment Interface (UPI) Scheme, as a separate dedicated app has not been offered by the company.

The petitioner NGO, Good Governance Chambers, argued that the National Payments Corporation of India (NPCI) and the Reserve Bank of India (RBI) must change its model on the lines of the UPI payment scheme, and its operations may be suspended until these conditions are met.

The apex court today asked the Centre, Facebook and WhatsApp to file their replies within three weeks and it will take up the matter thereafter. The court noted that the government may process the applications filed by WhatsApp in accordance with the law and there is no stay on the same. Facebook was represented by senior advocate Arvind Datar.

The petitioner argued that lapses have been found in relation to WhatsApp's claims of having a secure and safe technological interface for securing sensitive user data.

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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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