Corporate transgressions happen in the West too but the regulators do not spare the promoter, howsoever iconic they may be. Elon Musk was recently punished and asked to step down as Tesla Chairman by the U.S.'s Securities and Exchange Commission and penalised for issues related to insider trading. And many others, whether Bill Gates or Mark Zuckerberg, have often been reined in, investigated and heavily fined. Can India learn from these and improve regulatory checks and balances without snuffing out the 'animal spirits' of entrepreneurs?