If arresting kite flyers was one of FATF's compliance requirements, then Pakistan would have transcended even the grey list to get itself on the white list.
The larger issue is not whether the Tata Sons chairman has performed or not, but whether Tata as a conglomerate has a clear policy on how it is going to allocate capital.
The ex-RBI governor, in an interview, said many firms globally have yet to implement AI at scale, leaving opportunities for the Indian software firms. The transition will be gradual and a large scale displacement is unlikely.
It is estimated the deal would eventually work out to cost around $9 bn at least for 6 submarines—negotiated down by India. Original bid by state-run MDL & TKMS was over Rs 1.2 lakh cr.
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