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3i infotech share price: 3i Infotech shares climb over 5% after subsidiary signs MoU to set up AI lab

Shares of 3i Infotech, a smallcap IT firm, rose 5.6% to INR35.6 ($0.48) on 22 September on news that its NuRe FutureTech subsidiary had signed an MOU with an engineering college in Chennai to establish an artificial intelligence lab. 3i Infotech opened an office at IIT Madras Research Park in Chennai earlier this year to work on next-gen technologies. The new partnership aims to bridge the skill gap in industry and will pave the way for similar initiatives, according to the companys CEO.
Tamil Nadu Thompsonp Gnanam Valliammai Engineering College Madras Research Park Zai Lab Nure Futuretech

Nifty, Sensex End Higher Following Global Cues - Wednesday Closing Report

On Wednesday, 1940 stocks advanced, 1640 declined and 123 remained unchanged on the Bombay Stock Exchange (BSE), with an advance decline ratio of 1.18 indicating a positive closing of stocks in broader markets. Markets were cautious ahead of the outcome of the US Federal Open Market Committee (FOMC) meeting on Thursday. Due to underperformance in the banking index, the current rally in the markets lacks decisiveness.
Tamil Nadu Uttar Pradesh Zydus Lifesciences Fiem Industries Zai Lab Us Federal Open Market Committee

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