Last week, Dorothy's "ruby slippers" sold at US-based Heritage Auctions, the fine art and collectibles auction house, for a price somewhere over the rainbow: $28 million. One of four surviving pairs worn by American actor Judy Garland in the 1939 film titled The Wizard of Oz, these slippers are now the most famous, and by far the most valuable, movie memorabilia ever sold at auction.
This pair was famously stolen from the Judy Garland Museum in Grand Rapids, Minnesota, in the summer of 2005 and was recovered 13 years later by the FBI, only to return to owner Michael Shaw earlier this year before he handed them over to Heritage for inclusion in the auction, which drew more than 1,800 bidders worldwide. "There is simply no comparison between Judy Garland's Ruby Slippers and any other piece of Hollywood memorabilia," said Joe Maddalena, executive vice-president, Heritage Auctions, in a press statement.
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More Indians looking to fly biz class this holiday season
The number of Indians eyeing to fly business class has seen a sharp uptick this holiday season compared to last year. While the trend is more pronounced in international travel, travel agents and online platforms suggest that it is also emerging on many domestic routes.
Porsche billionaires are in a tight spot, again
PORSCHE AUTOMOBIL HOLDING SE sure knows how to do drama. Last week, the listed holding of the Porsche and Piech families warned it may have to book up to €22 billion ($23 billion) of impairments amid a decline in the market value of its 31.9% stake in Volkswagen AG and 12.5% economic interest in the Porsche AG automaker.
Q2 a blip, growth to pick up again: FM
The economic growth slowdown in the second quarter of the current financial year was a blip due to a slower pace of spending, but the coming quarters will likely see healthy growth, finance minister Nirmala Sitharaman said on Tuesday.
Markets slump over 1%
● Investors' wealth down ₹4.92 lakh cr
EPFO weighs higher equity investments
● Labour ministry panel to look at ways to raise exposure
Indian firms turn to euro, yen swaps to trim borrowing cost
INDIAN FIRMS ARE opting for cross-currency swaps to convert part of their debt into the euro or the Japanese yen in order to trim borrowing costs, said bankers.
IIT-Madras to offer fine arts, culture courses
In a first for Indian Institutes of Technology (IITs), IIT-Madras on Tuesday said it would offer two supernumerary seats in each undergraduate programme to students who have achieved excellence in fine arts and culture, starting from the upcoming academic session.
The world's busiest airline routes in 2024 are largely in Asia
Leisure continues to outshine corporate trips
Not even 2% work-linked higher education courses yet: Report
EDUCATION-INDUSTRY MISMATCH
KYC masking to go live on Jan 20
DEADLINE EXTENDED; BIG RELIEF TO BANKS & FINTECHS
