Bajaj Finance may consider additional Covid-19 provisioning in Q1

Bajaj Finance may consider additional Covid-19 provisioning in Q1

Mumbai: Bajaj Finance said on Monday it may consider additional accelerated provisioning for Covid-19 in the first quarter of fiscal year 2021 to further strengthen its balance sheet. The consumer goods financier had provided Rs 900 crore as contingency provision in the quarter ended March towards Covid-19. In an exchange filing, the company said its … Read more

Origin Energy migrates 60% of its workloads to the cloud | ZDNet

Origin Energy migrates 60% of its workloads to the cloud | ZDNet

Origin Energy has announced migrating over 60% of its workloads to the Amazon Web Services (AWS) cloud, covering the majority of its mission-critical workloads including billing and customer care, energy trading, operations management, and its enterprise data lake.  The Australian energy company is now progressing with plans to operate 100% in the cloud and close … Read more