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 26,2020

Unnao, Feb 26: Ever heard of someone wishing a 'bright future' for the dead? In a bizarre incident in Uttar Pradesh's Unnao district, a village head issued a death certificate with the wish for an elderly man who had died last month.

The incident took place in the Sirwariya village in Asoha block where an elderly person Laxmi Shankar died after a prolonged illness on January 22.

His son went to the village head Babulal and requested him to issue a death certificate that he needed for some financial transactions.

Babulal not only issued the death certificate, but also 'wished' 'a bright future for the deceased' on the document.

The village head wrote in the death certificate -- "Main inke ujjwal bhavishya ki kaamna karta hoon (I wish him a bright future)."

The letter went viral on the social media on Monday after which the village head apologised for the error and issued a new death certificate.

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Agencies
May 10,2020

In the wake of the gas leak at a factory in Visakhapatnam, the National Disaster Management Authority (NDMA) has issued detailed guidelines for restarting industries after the lockdown and the precautions to be taken for the safety of the plants as well as the workers.

In a communication to all states and union territories, the NDMA said due to several weeks of lockdown and the closure of industrial units, it is possible that some of the operators might not have followed the established standard operating procedures.

As a result, some of the manufacturing facilities, pipelines, valves may have residual chemicals, which may pose risk. The same is true for the storage facilities with hazardous chemicals and flammable materials, it said.

The NDMA guidelines said while restarting a unit, the first week should be considered as the trial or test run period after ensuring all safety protocols.

Companies should not try to achieve high production targets. There should be 24-hour sanitisation of the factory premises, it said.

The factories need to maintain a sanitisation routine every two-three hours especially in the common areas that include lunch rooms and common tables which will have to be wiped clean with disinfectants after every single use, it added.

For accommodation, the NDMA said, sanitisation needs to be performed regularly to ensure worker safety and reduce the spread of contamination.

To minimise the risk, it is important that employees who work on specific equipment are sensitised and made aware of the need to identify abnormalities like strange sounds or smell, exposed wires, vibrations, leaks, smoke, abnormal wobbling, irregular grinding or other potentially hazardous signs which indicate the need for immediate maintenance or if required shutdown, it said.

At least 11 people lost their lives and about 1,000 others were exposed to a gas leak at a factory in Andhra Pradesh''s Visakhapatnam on May 7.

The incident took place after it restarted operations when the government allowed industrial activities in certain sectors following several weeks of lockdown.

The lockdown was first announced by Prime Minister Narendra Modi on March 24 for 21 days in a bid to combat the coronavirus threat. The lockdown was then extended till May 3 and again till May 17.

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Agencies
July 19,2020

New Delhi, Jul 19: Indian equities will be driven by a host of factors like corporate earnings, coronavirus cases trend and geo-political developments this week, according to analysts.

Market participants will also keenly watch the progress of monsoon, with experts saying that the farm sector revival will play a key role in lifting the coronavirus-hit economy.

"With no major event, the ongoing earnings season and global cues will continue to dictate the market trend. Besides, the progress of monsoon will also be closely watched," Ajit Mishra, VP - Research, Religare Broking, said.

Globally, the rising coronavirus infections and geo-political tensions have created uncertainty on the economic recovery front.

With India's COVID-19 cases fast approaching the 11 lakh mark, the third-highest behind the US and Brazil, and the death toll nearing 27,000, participants are expected to tread cautiously going forward.

At global level, confirmed COVID-19 cases have crossed 1.4 crore and deaths totalled about 6 lakh.

Markets globally will closely follow developments on the trade and political level between the US and China, according to analysts.

"We would continue witnessing stock-specific action as the earnings season unfold. Though the near-term momentum looks positive, we would advise traders to be cautious, given flaring US-China trade relations, persistent rise in virus cases and implementation of fresh lockdowns in parts of the country," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.

HDFC Bank will remain in focus on Monday after having announced its June quarter earnings on Saturday.

The lender reported 19.6 per cent rise in its standalone net profit at Rs 6,658.62 crore for April-June 2020; while its income rose to Rs 34,453.28 crore during the quarter.

Other major companies to announce their quarterly results this week are Axis Bank, Bajaj Finance, Hindustan Unilever Limited, Bajaj Auto and ITC.

"Going ahead market participants will closely track the development related to covid vaccine, the rising infection of coronavirus, development on economic activities, corporate earnings and US-China relationship," said Sumeet Bagadia, Executive Director, Choice Broking.

On weekly basis, the Sensex gathered 425.81 points or 1.16 per cent, and the Nifty gained 133.65 points or 1.24 per cent.

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