Hyderabad Nizam’s pink diamond sells for record $ 39 million

Updated 18 April 2013

Hyderabad Nizam’s pink diamond sells for record $ 39 million

NEW YORK: A 34.64-carat pink diamond once owned by the world’s richest man — the last Nizam of Hyderabad, has sold at auction in New York for nearly $ 40 million, setting a new record for Christie’s auction house.
Dubbed the “Princie Diamond,” the gem is “one of the largest and finest pink diamonds in the world,” with a “fabulous provenance,” Christie’s jewelry chief Francois Curiel said ahead of the sale.
An anonymous telephone bidder paid $ 39,323,750, or more than $ 1 million per carat, for the stone from ancient diamond mines in southern India, the auction house said in a statement Tuesday.
The pink gem was once owned by the royal family of Hyderabad, rulers of one of the wealthiest provinces of the Mughal Empire, Christie’s said in a statement. Since 1960, it was owned by the London branch of Van Cleef & Arpels. The exclusive jewelry firm originally paid 46,000 pounds for it, equivalent to $ 1.3 million today, Christie’s said, indicating a hefty profit after Tuesday’s sale. All told, bidders paid more than $ 80 million for the jewels at the New York auction, including just under $ 4.5 million for a 30.32 carat rectangular cut D color diamond and $ 3.3 million for a Harry Winston diamond ring. Previously, the most paid at Christie’s for a diamond was $ 24.3 million, for the 31-carat Wittelsbach diamond in 2008.


‘Delhi Crime’ wins drama award at International Emmys

Updated 24 November 2020

‘Delhi Crime’ wins drama award at International Emmys

DUBAI: Indian Netflix original series “Delhi Crime” has nabbed the Best Drama Series award at the 48th International Emmys.

The series, based on the 2012 gang rape in Delhi that sparked protests across the country, explores the aftermath of the incident.

Director Richie Mehta shared a video after the announcement was made, dedicating the award to victims of violence.

 “I dedicate this award to all the women who not just endure the violence that so many men inflict on them, but are then tasked to solve the problem. Finally, to the tireless mother, and her daughter. Not a day goes by when I don’t think about you both and what the world subjected you two to. And I hope none of us ever forget that.”

The cast included Shefali Shah, in the lead role of Deputy Commissioner Vartika Chaturvedi, as well as Abhilasha Singh, Rasika Dugal and Rajesh Tailang.