❤️‍🩹 Mind your health

Good morning. Jeff Bezos and Lauren Sánchez dropped a casual $50M on their Venice wedding - complete with Usher, Bocelli, and a yacht the size of a startup’s burn rate.

When your love’s as big as your net worth, “go big or go Bezos” is basically the dress code 💍🛥️

Ruchirr Sharma & Shatakshi Sharmaa  

TABLE OF CONTENTS

• ❤️‍🩹 Mind your health

• 📜 Karnataka’s misinformation bill: guardrail or gag order?

• 🗞️ Bite-sized summaries

  • 🤖 China’s latest AI

  • 📈 Nike’s road to recovery

• 🧑‍🍳 What else is cookin’?

MARKETS

🇮🇳 India

• Indian stock markets edged higher last Friday, supported by gains in energy and IT stocks. Improved global sentiment and selective buying helped lift key indices. However, overall advances were modest as investors remained cautious ahead of upcoming economic data releases. Trading activity was steady, with market participants focused on sector-specific opportunities.

HEALTH

❤️‍🩹 Mind your health

Infosys is sounding the alarm on a growing crisis: employees working dangerously long hours from home. As hybrid work becomes the norm, the IT giant has started sending cautionary emails to remote workers who consistently exceed its standard 9.15-hour, five-day-a-week schedule.

• The message is clear - overworking may be applauded in the short term, but it’s a silent threat to long-term health and productivity.

• The emails include personalized data: number of remote days, total hours worked, and daily averages - a gentle but pointed reminder to slow down.

This initiative follows growing evidence linking overwork to serious health risks, especially among young professionals. Cardiologist and MP Dr. CN Manjunath notes that many young heart attack patients show no typical risk factors — just chronic stress. The deeper message: stress can’t be diagnosed in a lab, but it can kill just the same.

With over 3.2 lakh employees and a hybrid model requiring just 10 in-office days a month, Infosys is one of the first major Indian IT firms to address the dark side of remote work head-on.

In an era that glorifies hustle, Infosys is reminding us of something radical: health comes first.

The broader takeaway? If India's second-largest IT firm can take employee well-being seriously, maybe it’s time the rest of the corporate world caught up — before burnout becomes our default setting.

Read more: Economic Times

BILL

📜 Karnataka’s misinformation bill: Guardrail or Gag Order?

The Karnataka government has ignited a national debate with its proposed Misinformation and Fake News (Prohibition) Bill, 2025 - a sweeping effort to tackle false information on social media.

With potential penalties including ₹10 lakh fines and up to seven years in prison, critics fear it could infringe on free speech and be misused to silence dissent.

• At the center of the storm is IT-BT Minister Priyank Kharge, who insists the bill is being misunderstood.

• According to him, the viral 11-page draft isn’t final - just preliminary notes.

• The real intent, he says, is to “connect the dots” between existing concerns flagged by the World Economic Forum, Election Commission, and even the Prime Minister himself, all of whom have warned about the dangers of misinformation.

The bill, Kharge claims, is not about censorship but about accountability - using professional fact-checkers and media bodies to verify content, not politicians.

The goal: to stem deliberate disinformation, not punish unintentional sharing. But enforcement remains tricky. Who defines "intent"? Can forwarding a message make you a criminal?

This proposal comes as digital content governance becomes a hot-button issue across India. While the Centre’s own Broadcasting Bill has drawn criticism for potential overreach, Karnataka’s version raises similar alarms under a different guise.

India’s battle with fake news is real - but laws made in its name need to walk a fine line. Otherwise, in trying to stop misinformation, we may just end up silencing the truth.

Read more: Economic Times

GENERAL OVERVIEW

🗞️ Bite-sized summaries

🤖 China’s latest AI - Baidu will open-source its Ernie AI model on June 30, marking China’s biggest public AI move since DeepSeek. Experts are split on its global impact—some say it challenges OpenAI and Anthropic, while others question market trust. Baidu’s shift from proprietary to open-source signals a pricing war, offering high-performing models at lower costs. Critics warn of security and transparency issues, especially with Chinese tech. Still, the move could democratize AI development globally. As AI adoption grows, debates over emissions, data ethics, and national influence intensify. Baidu’s play may redefine the global AI landscape and pressure U.S. firms to open up.

📈 Nike’s road to recovery - Nike stock jumps 17% after CEO Elliott Hill reassures investors that the worst is over. Despite a 12% sales dip and 86% profit plunge in Q4, Hill says Nike’s “Win Now” turnaround plan is taking effect, with progress on product launches, Amazon sales, and the women’s segment. Wall Street responded positively—HSBC upgraded the stock to “Buy” and raised its target price. However, challenges remain: old inventory, tariffs, and a tough economy. While profits may rebound by late fiscal 2026, Nike expects continued pressure in the near term. Still, investor sentiment has shifted toward cautious optimism.

HEADLINES

🧑‍🍳 What else is cookin’?

What’s happening in India (and around the world 🌍️)

• Dharavi redevelopment project plans to house India’s next prime business district.

• Trump’s ‘One, Big, Beautiful Bill’ passed in US senate is one big disaster in the making for America.

• FSSAI mandates 100 per cent inspection of packaged drinking water facilities in Maharashtra.

• Andhra set to generate 8.5 lakh jobs with investment MoUs it signed.