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Poonawalla's master bid

And so, after buying up a collection of prized European Masters recently, Cyrus Poonawalla is flexing his considerable financial muscle on home ground now

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Malavika SangghviAnd so, after buying up a collection of prized European Masters recently, Cyrus Poonawalla is flexing his considerable financial muscle on home ground now. Tuesday night saw him outbidding other punters to snap up the highly coveted 6’x4’ painting by Raja Ravi Varma of Seth Lachman Das at Pundole Art Gallery’s art and collectibles’ auction, for approximately Rs 3 crore!

Incidentally, insiders were grateful that the slightly odd bunch of bidders who had appeared at the last Pundole auction featuring Husains from the collection of a Hyderabadi gent was not to be seen this time. As one long time bidder said, “They were suspected of being office staff of the collector planted there by him to raise prices. This time thank goodness this did not happen.”

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