Mehul Choksi, chairman, Gitanjali group seems to be getting into too many things at the same time. Starting from selling diamond jewellery to branded international jewellery to setting up special economic zones (SEZs), Mr Choksi is now eying high-end, luxury jewellery and mobile retail stores, thanks to the decline in rentals in most metros in India.

In June, the government cleared the...

Terry Burnham has written a book (Mean Markets and Lizard Brains, by Terry Burnham, John Wiley & Sons; $16.95; Pages 324), to help you “profit from the new science of irrationality.” But what it describes is not exactly a science and is not new. It is the good old behavioural finance theory. As Burnham says “conventional financial advice is based on the assumption that both people and markets...