The government is understood to have approached industrialist Ratan Tata to head an advisory board of the ailing Air India.
Watal a 1978-batch Andhra Pradesh cadre IAS officer.
Tata proposes to now begin looking for a successor and remains firm on his retirement plans.
Tata Group head Ratan Tata said on Tuesday he has set higher ambitions for the Nano car which will be available in more variants, including diesel and electric versions.
Mr Mitra, show me where is industrial development in Bengal: Tata
Top industrialists have expressed concern over the impact that worsening corruption has on their businesses and said there is no short-cut to becoming a billion-dollar company other than doing things the right way.
Ratan Rajput talks about her stint in the Bigg Boss house.
Radia, whose tapped phone conversations with politicians, corporates, bureaucrats, and journalists form a key part of the investigations into the 2G spectrum scam.
At a time when the Indian automobile industry is strongly opposing lowering of import duty in the proposed India-European Union Free Trade Agreement, Tata Group chairman Ratan Tata has favoured cutting tariff on vehicles and components coming from overseas.
Tiger 3 will aim for the Rs 60 crore milestone on Monday.
The Taj Mahal hotel, ravaged during the 26/11 terror strikes, reopened on Sunday evening with its owner Ratan Tata dedicating the restored hotel to those who had lost their lives in the carnage."We cannot be knocked down--this is a memorable day and a tribute to those who saved many lives," an emotional Tata said, adding "it gives me a great sense of pride--this is the start of a new era."
The family office category was up 38 per cent, led by names such as Ratan Tata, Ronnie Screwvala and various Infosys co-founders.
Stating that Tatas did not have a 'captive' connection to counter a media campaign against it by an unholy nexus between certain corporates and journalists, Tata Group Chairman Ratan Tata on Thursday said that this necessitated engagement of external PR service provider Niira Radia.
The body is form to restore health of oceans.
Tata said he expects China to move towards democracy. He said many democracies would also have to find ways of 'enforcing what they want to do if they want to move forward'.
Kolkata Knight Riders' all rounder Laxmi Ratan Shukla said no side could be labelled as favourite in the IPL and teams would underestimate rivals only at their own peril.
Once pioneers in civil aviation, the Tata group is unlikely to get into the sector because of "destructive competition", its outgoing Chairman Ratan Tata said.
Tata Group chairman Ratan Tata has said that power and wealth are not his two main stakes and ruled out joining politics after his retirement in 2012.
Tata has 6.13 million followers on Twitter and has tweeted only 119 times since he joined the microblogging platform in April 2011
Tata Sons chairman Ratan N Tata has expressed the fear that the current political uncertainty will make India stumble
'What he has done has really been to give his time to go outside India, to reach out to governments, important countries, to meet world leaders. And I am sure when he is meeting them, he is not only presenting a Tata group message, he is presenting an India message. Therefore, he has become a kind of quasi-ambassador for us which is, of course, why the government values and respects him so much as well.' Top corporate lawyer Zia Mody assesses Ratan Tata's legacy.
Bring out the dandiya sticks and dance a storm, it's Navratri time. Nine days of colours, joy and revelry, starting October 15.
Tata spoke about his 50 years with the group, 21 as its chairman, the highs and lows of his tenure, his equation with Mistry and his post-retirement plans during an expansive interview to PTI in his office at 'Bombay House', the group headquarters.
"I cannot tell Ratan Tata to go back", the West Bengal chief minister said while speaking at the annual general meeting of Bengal Chamber of Commerce and Industry in Kolkata.
Tata said it was a matter of "great shame" that the company allowed Mahindra & Mahindra to get ahead of it to claim the number three spot in passenger vehicle production.
Media persons mobbed Ratan Tata for comments on the controversy over the small-car project in West Bengal and also on the race to acquire Anglo-Dutch steel giant Corus.
Outgoing chief's presentation to top executives sees fivefold rise in sales in 8 years.
Tata will step down as chairman of Tata Sons and other group companies in December-end after a stint of over 21 years.
After steering the company for 21 years, Tata will pass on the leadership baton to his successor designate and present deputy chairman of Tata Sons, Cyrus Mistry in December, when Tata turns 75.
Tata was ranked second only to former president APJ Abdul Kalam in the list of 100 most trusted individuals in India.
The overseas drive of the group has been accompanied by a change in Tata, the person, too
Ratan Tata has invested his own money into 3 high-growth online retail firms, which are yet to make a profit.
The Shri Ram Janmabhoomi Teerth Kshetra Trust has sent invitations to 7,000 people, including 3,000 VVIPs, for the consecration.
Automakers gauge the competition at the show.
The Asian Institute of Technology, Bangkok on Friday conferred the honorary degree of doctor of technology on Tata Group Chairman Ratan Tata for his and the group's contribution to industrial development and the Indian society.\n\n\n\n
Tata Group Chairman Ratan Tata arrived in Dhaka on Wednesday on a three-day visit during which he will hold discussions with the government about his $2 billion investment plans in Bangladesh.
The matter related to supply of low floor buses by Tata Motors to Government of Tamil Nadu.
Continuing his investment spree in India's hot start-ups, Ratan Tata on Friday invested in Kyazoonga.
