Take Takashi Murakami

Take Takashi Murakami, the Japanese artist famed for his updates of Louis Vuitton bags and cutesy, animeinfluenced plastic sculptures, who runs large studios in both Tokyo and Long Island (he had a oneman show at the Brooklyn Museum this year). At the Phillips de Pury Frieze sale in London Oct. 17, Murakami’s “Tongarikun, a 21foottall sculpture made of fiberglass and steel, was featured on the cover of the sale catalog and was widely viewed as the big draw, priced at $5.26.7 million. But when bids were called, “Tongarikun” failed to get any, filling the room with a sudden, hushed silence. Murakami, who was standing in the salesroom next to his Paris dealer, burst out in nervous laughter.
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Sagarika Ghose: Hi there, Yes, there is political sound and fury about the government’s decision to allow 51 per cent Foreign Direct Investment in multibrand retail. But amidst the heat we’ve decided to shed some light. What does FDI in retail actually mean? We’re exploring that tonight by asking our panellists to respond to viewers questions. When the big organised retailers deal with the farmers they eliminate the intermediaries between farm and fork or between farm and the dining table so that the produce comes to the consumer fresh and the farmers get the higher price not the low price which is just forced on them by the intermediaries. For starters, what exactly is multibrand retail? Multibrand retail means shops that will sell items from branded goods to louis vuitton pas cher vegetables under one roof. They could be a mix of hypermarkets, smaller super markets and neighbourhood stores like 7 eleven. 100 per cent FDI already allowed in single brand retail, that is shops or chains selling single branded items like Adidas, Nike, Louis Vuitton. Multibrand retailers louis vuitton pas cher means global chains may directly stock and sell produce from Indian farmers to scale up operations. Joining us tonight, Rajan Bharti Mittal, ViceChairman & Managing Director, Bharti Enterprises, Devinder Sharma, Agriculture Analyst, Vivian Fernandes, Senior Editor, CNBCTV18.