$40 million SEC settlement for Elon Musk, stepping down as Tesla chairman

The settlement requires that Tesla appoint two new independent directors and establish a committee of independent board members. Tesla had come under criticism for years prior to Elon Musk ’s take-private episode for lax governance, though shareholders sided with the board in June by voting against an independent chairman proposal and approving the re-election of three directors. Continue reading $40 million SEC settlement for Elon Musk, stepping down as Tesla chairman

India and Pakistan exercise together for the first time – Why the noise is unnecessary

As a part of the Shanghai Cooperation Organization’s (SCO) counter-terrorism drills, India and Pakistan will for the first time exercise together. This would the first such occasion for the South Asian rivals to participate in such an event. First but not the first time both armies are coming together. Let me demystify my comment about the topic at hand as I examine it in greater … Continue reading India and Pakistan exercise together for the first time – Why the noise is unnecessary

The Rafale Rostrum

Once again the jostling between the government and the opposition has put the spotlight on the Rafale deal. The trading of barbs by both the sides and the use of “Rafale Rostrum” to play politics has serious implications for national security. Clearly at the beginning itself of my analysis let me state that Rafale deal is not NDA’s Bofors, though, opposition in general and principal … Continue reading The Rafale Rostrum