Tyeb Mehta's painting sold for Rs.15 crore

Mumbai: Modernist artist Tyeb Mehta`s painting depicting ‘a bull on a rickshaw’, fetched whooping Rs.15 crore at Christie`s second India art auction here Thursday.

The work was bought by an online buyer and the amount paid for the work is hammer price and excludes buyer`s premium and taxes applicable.

A remarkable pocket book belonging to Nobel laureate Rabindranath Tagore was sold for Rs. 1.7 crore, where as F.N. Souza`s "Untitled" canvas fetched Rs.7.5 crore.

Tagore`s pocket book was in Bengali had a rare mixture of poetry, art and introspection.

Last year, in its debut auction Christie`s had sold a painting of V.S. Gaitonde for a record $3.7 million (Rs.23.7 crore).