Media and entertainment investment firm Lupa Systems will become the events company's anchor shareholder, holding around a third of shares if approved on 3 August

Several other trade fairs have also been cancelled in Switzerland

Director Jagdip Jagpal says the fair is proud to remain regional while dealers double down on "Indian taste"

Swiss-based owner of Art Basel sells majority stake in Delhi event as part of wider withdrawal from regional art fairs programme

In the first of a new art market interview series, we speak to the art fair boss about his career

Some fear MCH Group’s decision to sell could be a blow to country’s art market