Liang Wenfeng, CEO of Chinese AI startup DeepSeek and the world's richest AI founder, said his employees generally don't work overtime. "Research needs a relaxed environment. If you push too hard, you can't do research," he said. Wenfeng added that "no one manages" DeepSeek employees and they "can do whatever they want" for half of their workday. In other news, GSM Foils investors lost ₹64.4 crore in a single day as the company announced that a forceful takeover bid by its Chairman, Sagar Bhanusali, had gone sour. GSM said on Friday that Bhanusali was arrested for attempting to kill MD Mohansingh Parmar to take over the company's control. Following the disclosure, GSM stock hit the lower circuit, closing 19.99% lower. Entrepreneur Tehseen Poonawalla claimed that he has been placed under house arrest at his south Delhi home ahead of his planned solo march, vow of silence and hunger strike at Gandhi Smriti against ethanol-blended petrol. Delhi Police had earlier denied permission for Poonawalla to organise a 'Gaadi March' in central Delhi. "No papers, nothing! I'm under house arrest," Poonawalla said. Optimystix Entertainment, the producer of shows such as 'Comedy Circus' and 'Crime Patrol', will raise ₹107.88 crore through an IPO on August 7. The price band for the