Markets: Eerie calm

Markets: Eerie calm

it is not clear when market sentiment can change; as in the past, it can be quite sudden.
At a turn and yet not

At a turn and yet not

RBI could be tempted to cut policy rate to support growth at its bi-monthly review.

Aus gallery to sue Indian for selling stolen Shiva statue

Dec 07 2013, 09:29 IST
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SummaryKapoor is being held in India where he is accused of being the mastermind of a USD 100 million antiquities looting enterprise.

Australia’s top gallery on Friday said it will launch legal action against disgraced Indian-origin art dealer Subhash Kapoor after it was confirmed that its prized 900-year-old dancing Shiva was stolen from India.

The National Gallery of Australia confirmed that it had approached the Indian High Commission “to discuss avenues for restitution” in relation to the artifact.

The USD 5 million bronze statue, which was on display at the entry to the gallery’s Indian Gallery till Thursday night, was the first item cited in the New York Supreme Court on Thursday where the long-time shop manager for Subhash Kapoor pleaded guilty to six counts of trading in stolen property worth USD 35 million.

Kapoor is being held in India where he is accused of being the mastermind of a USD 100 million antiquities looting enterprise.

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