Business
Sterlite Copper launches coffee table book highlighting role of copper in the modern world

Highlighting the importance of copper and its contribution to the modern world, Sterlite Copper launched a coffee table book, showcasing its origin and its definitive role in shaping the modern world, at the SICCI CXO Conclave, held in Chennai.
Unveiled by Mayur Karmakar, MD, International Copper Association, India, with Ms. A. Sumathi, Chief Operating Officer, Sterlite Copper, the 70-page book comes with an interesting title “Hi I’M COPPER”.
The book traverses the entire journey of copper from its discovery in 9,000 B.C. in an Egyptian river to the current times, focusing on its integral role in creating the modern world as we know it today. The book also traces the lifecycle of the metal and covers the entire gamut of its industrial and sectoral usage ranging from Power, Defence, Automobiles, Healthcare, FMCD among others.
Speaking at the launch of the Coffee Table Book, Ms. A. Sumathi, Chief Operating Officer, Sterlite Copper said: “We are delighted to unveil the copper coffee table book ‘Hi, I’m Copper’. The book aims to essay the journey of Copper and Sterlite’s smelting story. Over the last 25 years, Sterlite Copper has leveraged on technology to upgrade its processes and we had always benchmarked our practices to the global standards in terms of energy efficiency, copper recovery, effluent treatment while being sensitive to our corporate ethos of ESG standards.”
The book highlights how Sterlite Copper, which began with a 100 KTPA Smelter in the year 1996, went on to become the largest supplier of Copper in India, meeting nearly 36 per cent of the country’s copper demand by 2018. The operations of the plant are also benchmarked against global best-practices, with certifications in Quality, Environment, Occupational Health & Safety, Energy.
The plant has also invested heavily in environmental safeguards such as Gas Scrubbers, Effluent Treatment Plants and Reverse Osmosis Plants in order to ensure a safe and sustainable operation in Thoothukudi. The plant has been certified for its Zero Liquid Discharge, Water Consumption Management, Waste Reduction and Repurposing Waste towards Sustainable Applications.
The book also clearly brings out the economic benefits of the Thoothukudi plant in Tamil Nadu. It had emerged as a pillar of support for the community and a provider of livelihood to thousands of people. The plant engaged about 1,000 trucks/tankers on daily basis with consistent load, thereby providing livelihood to around 9,000 truck drivers and cleaners per month. It had over 650 supply and service partners and helped them generate a business of close to $134 million every year. The total number of dependent domestic companies for supply of raw material from Sterlite Copper was 381 and contributed approximately $295 million to the exchequer.
Additionally, it provided more than 17 per cent of Thoothukudi port’s total revenue. Even the by-products of the copper smelting like sulphuric acid, phosphoric acid, gypsum and copper slag act as critical input for a number of important industries. While sulphuric acid is the primary raw material for chemical and fertilizer, gypsum is a key ingredient for cement production.
Sumathi adds: “Copper is the third most used metal in industrial and civil applications across the world and its constantly increasing demand increases the need for production, thereby having a direct impact on employment opportunities & downstream industries. We at Sterlite have created direct employment for 4,000 people and impacted more than 20,000 people engaged in various supplier and customer units. Through the book, we want everyone to become aware about the journey & importance of copper and Sterlite, which together contributed immensely to the overall economy, not just at a national level, but also at a State and District level.”.
Prof. Ashutosh Sharma, Institute Chair Professor, Department of Chemical Engineering, Indian Institute of Technology, Kanpur & Former Secretary, Department of Science & Technology, government of India, who wrote the foreword for the coffee table book, says” “I believe Copper is one of the key drivers of Industry 4.0 and beyond. An invisible enabler, copper’s role in the future of our world will be all pervasive from our homes to outer space explorations.
“I’m delighted that the importance of copper is being covered in a comprehensive way in the book being launched today. I wish to congratulate the team Sterlite for conceiving and executing this much needed document of value to its many stakeholders from the traditional industries to Industry 4.0 and Digital/cyber technologies.”
Also speaking at the occasion, Mayur Karmakar, MD, International Copper Association India, said: “Copper is the third-most-essential metal in the world, contributing to the environmental and socio-economic development across the globe. The demand for the crucial metal, which is a key input for multiple sectors, is expected to further raise sustainable growth in the post-pandemic scenario.”
Another significant aspect of the book is that it brings into focus, the role of the company in building an aspirational and empowered society with all the stakeholders working in tandem for the common good all. For instance, under the Muthucharam initiative, the company plans to build a smart school and a well-equipped hospital for the community. Plans are also afoot to plant 1 million trees to make Thoothukudi, one of the greenest cities in India. Other initiatives include providing clean drinking water to every family in Thoothukudi. More than 2,300 families have already benefited from this project,Tamira Surabhi till date.
Crime
Kerala HC judge files complaint of theft at his residence, police probe on

Kochi, 27 June: The Kochi police have received a theft complaint from Kerala High Court Judge, Justice A. Badharudeen, according to officials on Friday, stating that six sovereigns of gold were missing from his residence.
The complaint, which was filed on Thursday, mentions that the gold has been stolen from the judge’s bedroom. The police have registered an FIR under Section BNS 305.
What has surprised many is that the thief has decamped with gold from a high-security guarded house located in the heart of the commercial capital of the state.
The judge registered the complaint with the Kalamassery police under which his residence falls.
After the preliminary probe, the police are now planning to prepare a list of those who need to be spoken to, as this incident occurred in the bedroom of the senior judge.
More details are awaited.
The incident has raised concerns regarding the security situation in the state. The Congress-led UDF has been accusing the state government of failing to curb the crimes.
It has been found that Kerala is a haven for organised gangs hailing from neighbouring states who specialise in robbing homes, and the cases against non-Keralaite thieves are also on the increase.
According to information prepared by the home department, which was placed before the Assembly last year, it showed 192 cases of theft involving non-Keralites were registered in 2021, and the numbers have been steadily increasing. This rose to 360 in 2022.
In 2023, the number increased further to 519, and by September 2024, a total of 307 such cases were registered. But the image of the Kerala Police got a boost when over 1,350 thieves during this period were put behind bars.
However, with regards to the case being registered in the burglary at the home of a judge, the police appear to have a tough job ahead.
Likewise, with other crimes also on the increase, the Ernakulam Police have come out with a directive to landlords who are seeking to rent out their properties. The police have urged the landlords to get a police clearance certificate from the prospective tenants from their local police station where they stayed.
National
Thackeray brothers will jointly hold one anti-Hindi protest: Sanjay Raut

New Delhi, June 27: Amid plans to hold two protests against imposition of Hindi in schools in Maharashtra, senior Shiv Sena (UBT) leader Sanjay Raut on Friday announced that there would be only one demonstration and the two Thackeray brothers would participate in it together.
Even though there has been no formal announcement on this till now by the Maharashtra Navnirman Sena (MNS) or the Shiv Sena (UBT), but Sanjay Raut’s post on X, in which he has also put up a picture of the two cousins together with a photograph of the late Bal Thackeray in the background, has fuelled speculation of rapprochement between Uddhav and Raj Thackeray and the possibility that they might hold the protest jointly.
Earlier, close to Raj Thackeray’s birthday Uddhav Thackeray had also hinted at a rapprochement between them but nothing concrete had come out of it.
On Thursday MNS chief Raj Thackeray announced the change in morcha date to July 5 instead of July 6 to protest the imposition of Hindi in Marathi and English-medium schools for classes 1 to 5 in Maharashtra.
This was done as the auspicious Ashadhi Ekadashi falls on July 6 when the devotees fast for the day and walk all the way to Pandharpur to pay tribute to the presiding deity Vitthal.
Significantly, Uddhav Thackeray on Thursday extended his party’s support to a morcha organised on July 7 in Mumbai by The Tribhasha Sutra (Three language formula) committee.
Raut’s post is significant because even though both the brothers and their parties had declared that they would not allow the imposition of Hindi, they had announced two different protests.
Insiders from both the parties said that efforts are on to fight as one, in order to avoid a split in the Marathi speaking people opposing the imposition of Hindi.
Now, it remains to be seen whether Sanjay Raut’s post was his own initiative or whether it had the blessings of the leaders of both the parties and the two estranged brothers have finally decided to come together for a cause close to their heart and fight for it jointly.
Business
Make GIFT IFSC more competitive to attract foreign investments: FM Sitharaman

New Delhi, June 27: GIFT International Financial Services Centre (IFSC) should be developed as a prominent gateway for global capital flows into India to feed the needs of high-growth sectors over the next two decades, Finance Minister Nirmala Sitharaman has stressed.
She underscored the importance of developing GIFT City into a dynamic smart city, equipped with integrated, modern, and sustainable living infrastructure, and stated that establishing such world-class amenities is essential to attracting top-tier talent from both domestic and international markets.
During her visit to IFSC at GIFT City in Gandhinagar, the Finance Minister reviewed the progress and interacted with key market participants.
While commending the GIFT IFSC’s role in enhancing India’s global financial standing and acknowledging its impact on reshaping international financial engagement by Indian companies and individuals, she stressed on fast-tracking the reforms in next few years itself, to enable growth to align with the vision of ‘Viksit Bharat’ by 2047
Reiterating GIFT IFSC’s core mandate for focussing on bringing foreign capital into India through structured and well-regulated channels, FM Sitharaman also laid emphasis on the importance of Indian financial sector regulators to take initiatives for identifying aspirational needs of GIFT IFSC in this direction.
The Finance Minister indicated that the twin advantages of India pertaining to technology and availability of a very large domestic market and its financing needs must be leveraged to gain competitive advantage.
Given India’s status as a major gold importer, she stressed on the need to scale up operations at the India International Bullion Exchange (IIBX) by expanding stakeholder participation and strengthening price discovery, thereby positioning GIFT IFSC as a global bullion hub.
She also interacted with MDs and CEOs, chairpersons, founders and CFOs from banking, insurance, capital markets, funds industry, finance companies, payment services providers, aircraft and ship leasing firms, fintech firms, ITFS platform providers and foreign universities.
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