An oil painting by abstract artist Vasudeo S.Gaitonde sold for 293 million rupees ($4.4 million) at a Christie's auction in Mumbai on Tuesday, setting a new world record for Indian art work.
Gaitonde's untitled painting from 1995 broke the previous record of $4.01 million paid for a Francis Newton Souza work at a sale in New York earlier this year, the London-based auction house said.
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