Quick Heal Technologies Limited updates on service tax demand
Posted On: 2021-02-04 01:37:38 (Time Zone: Arizona, USA)
Quick Heal Technologies Limited had earlier announced regarding the Hon ble Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) vide its judgment (Order No. 50022/2020) dated January 09, 2020 received by the Company on January 17, 2020 in the case of Quick Heal Technologies Limited Vs Commissioner of Service Tax, Delhi (Service Tax Appeal No. 51175 of 2016) has set aside the Service Tax demand for INR 56,07,05,595/- which was confirmed by order dated 28 January, 2016 issued to Quick Heal Technologies Limited by DGCEI, New Delhi.
The Hon ble Supreme Court of India in the said matter, had passed the order Issue notice for condonation of delay as well as on the Civil Appeal, returnable within four weeks received by the Company on February 03, 2021 which is scheduled for hearing on February 05, 2021.
Quick Heal Technologies Ltd, Future Retail Ltd, Future Lifestyle Fashions Ltd and Whirlpool of India Ltd are among the other losers in the BSE s A group today, 04 February 2021.
Quick Heal Technologies Ltd, Future Retail Ltd, Future Lifestyle Fashions Ltd and Whirlpool of India Ltd are among the other losers in the BSE s A group today, 04 February 2021.
JMC Projects (India) Ltd lost 5.54% to Rs 74.15 at 14:48 IST.The stock was the biggest loser in the BSE s A group.On the BSE, 1.49 lakh shares were traded on the counter so far as against the average daily volumes of 42217 shares in the past one month.
Quick Heal Technologies Ltd reports Rs. 13.46 crore consolidated PAT in Q3 FY2020-21
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Quick Heal Technologies Ltd has reported financial results for the period ended December 31, 2020.
Financial Results (Q3 FY20-21) - QoQ Comparison
The company has reported total income of Rs.76.16 crores during the period ended December 31, 2020 as compared to Rs.90.23 crores during the period ended September 30, 2020.
The company has posted net profit / (loss) of Rs.13.46 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.28.83 crores for the period ended September 30, 2020.
The company has reported EPS of Rs.2.09 for the period ended December 31, 2020 as compared to Rs.4.49 for the period ended September 30, 2020.
Quick Heal Technologies makes USD 2 million strategic investment in Israel based L7 Defense
Posted On: 2021-01-13 20:48:11 (Time Zone: Arizona, USA)
Quick Heal Technologies Limited, one of the leading providers of IT Security and Data Protection solutions for consumers, businesses, and government, has signed a definitive agreement to invest USD 2 million in L7 Defense. L7 is an Israel based cybersecurity start-up specializing in Application Program Interface (API) Security and Next Generation Web Application Firewall (NG-WAF). Quick Heal Technologies had invested USD 300k in L7 Defense in the previous financial year.
According to Gartner, by 2021, 90% of web enabled applications will be exposed to attacks due to API weaknesses, up from 40% of the apps in 2019. Hence, API Security has become one of the top cybersecurity concern for enterprises. L7 Defense s proprietary AI powered Ammune™ technology provides protection against a range of attacks targeting APIs like distribu
From Googles action against lending apps in India to UBS AG s plan to pick up $400 million stake in Paytm, here are the top-five, must-read tech news today.