ICICI Bank eyes major diversification 
Mumbai: After the merger of ICICI Ltd, ICICI Capital Services and ICICI Personal Financial Services with itself, ICICI Bank is planning to undertake new activities such as commodity trading and distribution of insurance products. 
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Tide water selloff likely by year-end as FIPB clears decks 
New Delhi:With the Foreign Investment Promotion Board clearing the decks for foreign direct investment in lubricants business, disinvestment in Tide Water Oil Co (India) Ltd is likely to complete by the end of this calendar year. 
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Going green: ministry ropes in CII for desi summit 
New Delhi: While the government delegation to the World Summit on Sustainable Development at Johannesburg does not have a single industry representation, the environment & forest ministry is organising a six-day summit on sustainable development initiatives in partnership with Confederation of Indian Industry. 
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Distribution reforms to get USAID support 
New Delhi: The US Agency for International Development has embarked upon a major plan to support the new power distribution reform projects in India during 2003-07. 
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Earth Summit agrees on Kyoto compromise 
Johannesburg: Ministers at the Earth Summit agreed on Saturday a declaration to support the Kyoto climate change pact without embarrassing the United States, the only major state to shun the treaty. 
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