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Multinationals such as American Express and Motorola have announced lay-offs in India.
ECONOMIST: Business in Asia
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But Amex has lately begun to tell its cardholders in several countries, including Greece, Pakistan and India, that they can do their everyday banking with American Express Bank too.
ECONOMIST: Plastic bank | The
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The Indian Express newspaper called Mr Verma the "face of judicial activism" in India, saying that he was associated with "many verdicts, campaigns and events".
BBC: Justice JS Verma