How will government’s mega PSB merger pan out? “Can 10 ‘weak’ banks together create four large, strong banks?” Investors of Tata Motors' have lost INR1.13L cr in last three years. What has plagued Tata Motors and its share price? Nifty Auto index witnesses massive fall amidst sectoral slowdown. Telegram to allow users to hide their telephone numbers to safeguard Hong Kong protesters. Twitter’s Chief Executive Officer’s Twitter account hacked. 15% tariffs on $112bn in Chinese imports to go into effect on Sept 1. Trump tweets classified military imagery, says US 'not involved' in failed launch. Saudi Aramco considers conducting its IPO in two stages.
Moving on to the top Business news of the day: