Technology

Stock Holding Corporation of India Limited (StockHolding) launches e-Stamping services in Goa, marking its presence in 25 States / Union Territories

Published

2 weeks ago

March 21, 2025

– Inauguration of e-Stamping by Hon’ble Chief Minister of Goa Dr. Pramod Sawant

– In distinguished presence of Hon’ble Revenue Minister, Govt. of Goa, Shri Atanasio Monserrate

– This initiative will enable citizens to conveniently pay stamp duty online by visiting authorized stamp vendors, treasury and sub-treasury offices

PANAJI, India, March 21, 2025 /PRNewswire/ — Stock Holding Corporation of India Limited (StockHolding), a key subsidiary of IFCI Limited, has launched its e-Stamping services in Goa, expanding its reach to the 25th State and Union Territory since the service began in 2007. Entrusted by the Government of India, StockHolding is responsible for the management and implementation of e-Stamping nationwide for property transactions, including purchases, sales, deeds, and rentals.

The e-Stamping service was officially launched by Hon’ble Chief Minister of Goa, Dr. Pramod Sawant in the distinguished presence of Hon’ble Revenue Minister, Govt. of Goa, Shri Atanasio Monserrate. The event was graced by Hon’ble Chief Secretary of Goa Dr. V. Candavelou, IAS; Hon’ble Revenue Secretary Shri Sandip Jacques, IAS and Shri. Shashikant L. Nayak, Head – e-Services & Government Business, StockHolding. As a symbolic beginning, the inaugural e-Stamp of ₹500 was issued for an MoU signed between the Government of Goa and Mazagon Dock Shipbuilders Ltd.

The occasion was further honored by the presence of several distinguished dignitaries, including Mr. Vivek Khurana, National Head – eServices & Government Business, StockHolding, and Mr. Debraj Ghosh, Regional Manager, StockHolding, among others.

StockHolding is the only Government entity authorized by the Ministry of Finance, Department of Economic Affairs, Government of India to design and operate the Computerized Stamp Duty Administration System (C-SDAS) as the Central Record Keeping Agency (CRA) for the collection of non-judicial stamp duty in India. The system ensures accuracy, transparency and fraud prevention in stamp duty payments.

The e-Stamping service provided by StockHolding offers a digital and efficient alternative to the traditional paper-based and franking systems, enhancing convenience. The key benefits of this service include safety, security, and the ease of seamless transactions. Safety is ensured through the protection of user information on the digital platform, security is bolstered by the Unique Identification Number (UIN) that reduces the risk of fraud, and the ease of seamless transactions allows users to complete the stamping process efficiently online without the need for physical paperwork.

These developments mark a significant leap toward creating a fully optimized and protected stamp duty payment system in Goa. With the implementation of the Computerized Stamp Duty Administration System, the stamp duty collection process has become more seamless and secure. The e-Stamping system offers a host of benefits, including a 24×7 online process, faster and more convenient transactions, easy verification, a paperless approach, and flexible denomination options to ensure exact stamp duty payment. Additionally, its robust security measures make it tamper-proof, protecting sensitive data while also curbing revenue leakages and enhancing overall revenue generation.

Shri. Shashikant L. Nayak, Head – e-Services & Government Business, StockHolding, said, “StockHolding’s expansion into Goa marks a transformative shift for citizens who previously had to rely on the traditional physical stamping method, requiring visits to sub-offices for property transactions—a process that was cumbersome, time-consuming, and vulnerable to fraud. With the introduction of e-Stamping, StockHolding has significantly enhanced the safety, integrity, and authenticity of stamp duty payments in a seamless and highly convenient manner. Available 24×7, this technology-driven platform ensures transparency while enabling citizens to easily verify their e-Stamp certificates through the website or StockHolding’s e-Stamping mobile application.”

About Stock Holding Corporation of India Limited:

StockHolding, a Govt. Company, is India’s premier custodian and depository participant, with its Registered Office in Parel, Mumbai, Maharashtra. StockHolding, the pioneer of financial and capital markets services was established in 1986 as a public limited company and is a subsidiary of IFCI. StockHolding, renowned for its pioneering role in the e-Stamping business, continues to maintain its leadership in this crucial sector. With the service adopted by 25 State Governments and Union Territories across the country, the company remains at the forefront of this vital industry. StockHolding is an authorised distributor of Financial products and is also authorised by the Reserve Bank of India as Agency Bank to distribute Govt. of India savings/relief bond 2003 and Sovereign Gold Bonds.

To know more, check out: https://www.stockholding.com/ or https://www.shcilestamp.com/

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Technology

Compass Datacenters Is a Financial Times 2025 Fastest Growing Company

Published

54 minutes ago

April 3, 2025

Compass ranks No. 106 on the list of 500 fastest-growing companies

DALLAS, April 3, 2025 /PRNewswire/ — Compass Datacenters has been named one of the fastest-growing companies in the Americas by the Financial Times. From a pool of 30,000 applicants, Compass ranked No. 106 on the 2025 list due to extraordinary growth between 2020 and 2023.

Compass designs and delivers data centers for the world’s largest hyperscalers and cloud providers. It is unique in the industry for its modular designs and manufacturing-style approach to construction, which yield faster delivery times at a lower total cost. This distinctive way of working made Compass well-positioned to respond to skyrocketing data center demand in recent years.

“Our success is a direct result of our team’s drive and commitment to delivering best-in-class solutions with a mission to make lives better,” said Compass CEO Chris Crosby. “Our large-scale, long-lived campuses are meeting customer’s need for continuity of capacity. We’re grateful for our customers’ trust and the opportunity to make a positive impact in the communities we serve. The Financial Times’ recognition is proof that doing things differently works.”

The FT Americas’ Fastest-Growing Companies 2025 is a list of the 500 companies in the Americas that have the highest growth in publicly disclosed revenues between 2020 and 2023. This ranking was created and completed by Statista, the world-leading statistics portal and industry ranking provider, and the Financial Times. Statista examined revenue data of public and private companies to identify the country’s fastest-growing companies.

For the full list of companies in the FT ranking, visit: The Americas’ Fastest Growing Companies.

About Compass Datacenters
Compass Datacenters, one of Inc. Magazine’s 5000 fastest growing companies, designs and constructs data centers for the world’s largest hyperscalers and cloud providers. Through prefabrication and applying modern manufacturing principles to construction, Compass is uniquely able to deliver customizable, scalable, sustainable, and low-cost data centers in an expedited time frame. These large-scale, long-lived campuses create economies of scale for customers and local communities. Compass is backed by Ontario Teachers’ Pension Plan and Brookfield Infrastructure. For more information, visit www.compassdatacenters.com.

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SOURCE Compass Datacenters

Technology

TTEC Digital Recognized as Genesys 2024 CX Evolution Partner of the Year

Published

54 minutes ago

April 3, 2025

AUSTIN, Texas, April 3, 2025 /PRNewswire/ — TTEC Holdings Inc. (NASDAQ: TTEC), a leading global CX (customer experience) technology and services innovator for AI-enabled CX, today announced that TTEC Digital was honored with the 2024 CX Evolution Partner of the Year Award from Genesys®, a global cloud leader in experience orchestration.

“This award recognizes our industry-leading CX transformation capabilities and unique position as a trusted advisor.”

“TTEC Digital is thrilled to be recognized as the CX Evolution Partner of the Year by Genesys,” said Tiffany Moses Gschwendtner, global Genesys practice lead at TTEC Digital. “Throughout our long tenure with Genesys, TTEC Digital has led a significant number of customers to the cloud. We’ve also proven that we’re more than a migration partner. This award recognizes our industry-leading end-to-end CX transformation capabilities and unique position as a trusted advisor.”

The CX Evolution Partner of the Year Award honors a Genesys partner who has demonstrated deep capabilities within the Genesys ecosystem to help customers migrate to the cloud, modernize their contact center operations, integrate digital channels and artificial intelligence, and empower digital transformation. This award marks the 15th time TTEC Digital has been recognized by Genesys in a Partner of the Year category. TTEC Digital was also named the 2023 Ascend North America Partner of the Year by Genesys.

TTEC Digital is a Genesys Platinum Partner with more than 25 years of partnership. The company has more than 300 employees dedicated to serving Genesys clients and more than 400 Genesys certifications. TTEC Digital offers a wide range of AI-enabled solutions and managed services, including CRM, contact center modernization, workforce enablement enhancements, customer experience transformation, and data and analytics solutions.

More information about TTEC Digital’s partnership with Genesys is available online at: TTECDigital.com/partners/genesys.

About TTEC
TTEC (pronounced T-TEC) Holdings, Inc. (NASDAQ: TTEC) is a leading global CX (customer experience) technology and services innovator for AI-enabled digital CX solutions. Serving iconic and disruptive brands, TTEC’s outcome-based solutions span the entire enterprise, touch every virtual interaction channel, and improve each step of the customer journey. Leveraging next-gen digital technology, the Company’s TTEC Digital business designs, builds, and operates omnichannel contact center technology, CRM, AI, and analytics solutions. The Company’s TTEC Engage business delivers AI-enhanced customer engagement, customer acquisition and growth, tech support, back office, and fraud prevention services. Founded in 1982, the Company’s singular obsession with CX excellence has earned it leading client, customer, and employee satisfaction scores across the globe. The Company’s employees operate on six continents and bring technology and humanity together to deliver happy customers and differentiated business results. To learn more visit us at ttec.com.

Media Contact:
Meredith Matthews
meredith.matthews@ttec.com
+1 281-770-2566

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SOURCE TTEC Holdings, Inc.

Technology

Bybit and Zodia Custody Partner to Enhance Asset Security

Published

54 minutes ago

April 3, 2025

Zodia Custody’s Interchange solution will offer Bybit’s institutional clients independent custody and off-venue settlement to support secure institutional trading.

LONDON, April 3, 2025 /PRNewswire/ — Zodia Custody, the institution-first digital assets platform backed by Standard Chartered, Northern Trust, SBI Holdings, National Australia Bank, and Emirates NBD, and Bybit, the world’s second-largest cryptocurrency exchange by trading volume, have joined forces to bring secure, segregated custody and off-venue settlement to Bybit’s institutional clients.

In engaging with digital assets, institutional investors require the assurances of regulatory compliance and robust security measures to protect their capital. Amid heightened industry scrutiny, there is a corresponding demand for credible infrastructure that addresses the potential weaknesses of on-exchange settlement, including centralised control and counterparty risk.

Zodia Custody’s Interchange solution addresses these security concerns by providing independent asset custody via regulatory-grade infrastructure. Through Interchange, institutional users can deploy capital for immediate trading on Bybit while their assets remain securely held with Zodia Custody – ensuring full segregation, no co-mingling, and significantly reduced exposure to exchange-side risks. This design neutralises counterparty risk and removes the need to pre-fund exchange accounts, enhancing both capital efficiency and operational integrity.

This partnership elevates security and compliance standards across the digital asset trading space, offering institutional clients access to Bybit’s best-in-class trading infrastructure with the safety of Zodia Custody’s off-venue settlement.

Julian Sawyer, CEO of Zodia Custody, commented: “Institutional clients need more than speed – they need to know their assets are held securely, off-exchange, and fully under their control. As leading players in the industry, Zodia Custody and Bybit have a shared responsibility to provide tailor-made solutions to increase security and protect capital for the institutions that use our services. That’s what we’re delivering through this partnership. With Interchange, we’re enabling Bybit’s clients to access trading liquidity without compromising on custody standards, counterparty risk, or capital efficiency. It’s custody and settlement built for institutions, not retrofitted for crypto.”

Shunyet Jan, Head of Institutional and Derivatives at Bybit, added: “At Bybit, our mission is to provide institutional-grade solutions that meet the evolving needs of sophisticated investors. Our partnership with Zodia Custody underscores our dedication to compliance, security, and innovation in the digital asset space. Zodia Custody’s reputation as a trusted, highly regulated custodian makes it the ideal partner to safeguard our clients’ assets while enhancing capital efficiency. Together, we are setting new standards for the institutional adoption of digital assets.”

Certified under SOC 1 Type I and II and built for institutions from the ground up, Zodia Custody serves regulated financial institutions, government bodies, crypto platforms, and hedge funds across specific global markets – delivering trust, transparency, and uncompromising security at scale.

This partnership marks a decisive shift toward secure, compliant infrastructure in crypto markets – one where institutions can finally move at speed, without sacrificing safety.

About Zodia Custody

Zodia Custody is an institution-first digital assets platform backed by Standard Chartered, in association with Northern Trust, SBI Holdings, National Australia Bank, and Emirates NBD. Through the combination of its custody, treasury, and settlement solutions with consultancy and middle office operations, Zodia Custody enables institutional investors around the globe to realise the full potential of the digital assets future – simply, safely, and without compromise. It operates under authorisations granted by the Financial Conduct Authority, Central Bank of Ireland, Commission de Surveillance du Secteur Financier, and Hong Kong Companies Registry.

Zodia Custody implements the requirements of the 5AMLD and applies the same standards as Standard Chartered relating to AML, FCC, and KYC. It implements the requirements of the FATF Travel Rule. Zodia Custody Limited is registered in the UK with the FCA as a crypto asset business under the Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017. Zodia Custody (Ireland) Limited is registered with the Central Bank of Ireland as a VASP under Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 (as amended). Zodia Custody (Ireland) Limited was established in Ireland in August 2021. Zodia Custody (Ireland) Limited is registered with the CSSF in Luxembourg as a Virtual Asset Service Provider in accordance with article 7-1 (2) of the law dated 12 November 2004 on the fight against money laundering and terrorist financing, as amended. Zodia Custody (Hong Kong) Limited is registered with the Registry for Trust and Company Service Provider with License Number TC009245 under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO), Cap. 615 in respect of its custodial activities in digital assets.

For further information on Zodia Custody, please visit: https://zodia-custody.com/

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.