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Quick Heal Technologies Ltd reports consolidated Q1FY22 PAT of Rs. 6.18 crores

Quick Heal Technologies Limited updates on service tax demand


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. ....

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Quick Heal Technologies makes USD 2 million strategic investment in Israel based L7 Defense


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 ....

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API Security Pioneer L7 Defense raises $4m in Series A Funding from TRUMPF Venture and Quick Heal Technologies


API Security Pioneer L7 Defense raises $4m in Series A Funding from TRUMPF Venture and Quick Heal Technologies
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JERSEY CITY, N.J., Jan. 14, 2021 /PRNewswire/  L7 Defense, a leading cyber security technology pioneer and the provider of the award-winning Ammune™ enterprise-grade API (application programming interface) security solution, announced today that it has successfully completed a financing round of $4m, led by Germany-based TRUMPF Venture with participation from India-based Quick Heal technologies. The funds will be used to solidify its technological leadership, boost its marketing and business development activities, and extend its market reach. ....

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