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Efforts to hook up another system to help control the BP oil leak in the Gulf of Mexico were progressing, U. S. Coast Guard Adm. Thad Allen said on Wednesday.

It has been reported that Allen, the national incident commander, made a trip to the recovery rigs in the gulf to "get a sense of how we're doing" getting the third rig, the Helix Producer, up and running.

According to the reports, three publishers of business directories have been charged in Atlanta with cheating customers who thought they were buying ads in the telephone Yellow Pages.

Stock market analyst Rahul Mohinder is of the view that investors can buy Infosys with intra-day target of Rs 2860.

According to analyst, the interested investors can buy the stock with stop loss of Rs 2750.

The shares of the company, on July 07, closed at Rs 2781 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 2875 and a low of Rs 1635 on BSE.

Current EPS & P/E ratio stood at 108.36 and 26.18 respectively.

Argentina’s recent devastating 4-0 loss against Germany in the World Cup quarter-finals has raised a question regarding Maradona’s continuation as Argentina’s coach.

An online poll by a newspaper showed 63.1% people want Maradona to quit. Similar results were shown by other polls as well.

The last major title Argentina won was the Copa America in 1993. The team had won the World Cup in 1978 and 1986. This year the team came back on track for a seemingly third World Cup title after winning all the group matches against Nigeria, South Korea and Greece.

The initial public offer of Coal India Ltd (CIL), which is much-awaited by the market, has a possibility of getting shifted to October-end instead of its initial plan of hitting the capital markets by September.

The reason for this probable delay is mostly due to ‘pitri paksh', that is the fortnight preceding Navaratri, which is considered an inauspicious period among many investors in India, especially in Maharashtra and Gujarat from where CIL is hoping to get a chunk portion of its issue proceeds.

Under the revised draft of Direct Tax Code (DTC), the Finance Ministry is unlikely to continue giving income-tax sops to special economic zones (SEZ), even though assurance has been given by the Commerce Ministry regarding the protection of the SEZ investors’ interests.

Commerce and Industry Minister Anand Sharma, and Finance Minister Pranab Mukherjee have a meeting last week to discuss the issue.

The Finance Ministry has hinted that they were not inclined to give in to the request of the Commerce Ministry regarding extension of sops for a number of reasons.