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American Express Company (Amex) is an American bank holding company and multinational financial services corporation that specializes in payment cards. It is headquartered at 200 Vesey Street, also known as American Express Tower, in the Battery Park City neighborhood of Lower Manhattan. Amex is the fourth-largest card network globally based on ...
Indian Railways has historically subsidized the passenger segment with income from the freight business and prioritized passenger trains on the network. Hence, freight services were unable to complete other modes of transport on both cost and speed of delivery, leading to continuous erosion of market share till the early 2000s. [ 169 ]
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