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NC dislikes comparison with PDP

Srinagar, Mar 10 (UNI) The National Conference today took strong objection to Hurriyat hardliner Syed Ali Shah Geelani's statement comparing the main opposition party with the Peoples Democratic Party (PDP).

''The NC is a movement and represents the aspirations and sentiments of the people while as the PDP has no existence of its own,'' a party spokesman said here in a statement.

He was commenting on Mr Geelani's recent statement in which the firebrand leader had stated that the NC and the PDP are the ''two sides of the same coin''.

The spokesman said the NC was not only committed to its agenda of greater autonomy to Jammu and Kashmir, but would support any solution to the vexed issue which is acceptable to the people of the state.

However, he said the PDP was a power hungry party and now-a-days involved in propagating the self-rule proposal of Pakistan President Pervez Musharraf to fulfill its ''selfish needs''.

The spokesman said former Chief Minister and PDP leader Mufti Mohammad Sayeed had always ''played with the sentiments of the people of the state''.

UNI AG VD BS1907

Nortel delays filing, to restate results

OTTAWA, Mar 10 (Reuters) Nortel Networks Corp. , one of the world's largest telecommunications equipment suppliers, said on Friday that it would delay filing its 2005 annual report until April 2006 and restate results from certain prior periods to fix accounting mistakes. Nortel, which was already working to repair damage from a previous accounting scandal, said preliminary fourth-quarter 2005 results show a net loss of $2.2 billion and revenue of $2.9 billion. The quarterly.....

CID granted permission to question Daya Nayak

Mumbai, Mar 10: Special ACB (anti-corruption bureau) Judge S P Mahajan today allowed the State CID to interrogate suspended encounter special Daya Nayak and record his statement in the Khawja Yunus case.The Special Court, in response to a plea of the CID, permitted the agency to question Nayak on any working day in the Bhoiwada police lock-up, where the police officer has been kept under judicial custody for security reasons.According to CID sources, they are likely to interrogate Nayak.....

Hasbro Clothing plans to open five exclusive stores in South

Chennai, Mar 10 (UNI) Hasbro Clothing Private Limited, which owns leading men's fashion brands Genesis and Basics, has chalked out an ambitious plan to open five exclusive stores in the South, involving a total investment of Rs 1.5 crore. Talking to newspersons after opening the company's seventh exclusive store in the city at Chennai City Centre Mall here today, Suhail Sattar, Director, said the five stores would be opened in the next two months and.....
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