Chennai remained the most expensive real estate market in South India. Among major cities Chennai, Hyderabad, and Bangalore, the price of real estate has firmed up in several posh locations.

Hyderabad, Apr 26 : Repolling is taking place amidst tight security at 63 booths in Andhra Pradesh on Sunday.

The Election Commission had ordered the re-poll on Saturday due to irregularities including damage to the electronic voting machines (EVM''s) and technical problems during the second phase of Lok Sabha elections on April 23.

Twenty-one polling booths in Kadapa, and 14 in Ananthpur districts are among the 63 booths where re-polling is taking place.

US-based CA Inc, the IT management software company, has decided to hire 1,000 professionals in India over the next 3-5 years.

According to reports, the company will employ an additional 1,000 people for its Hyderabad R&D centre, taking the total strength to 2,600 over the next 3-5 years.

The Hyderabad facility currently houses about 30 per cent of the company's global R&D headcount.

Lanco Infratech, the flagship of Hyderabad-based Lanco Group, has decided to invest Rs 15,000 crore in the power sector during 2009-10.

Sources reported that it would be an 80:20 debt-equity structure and lead to financial closure of 2,640 MW installed power capacity. The projects are located in Orissa, Chhattisgarh and Maharashtra.

Tech Mahindra, an M&M-promoted company, has notified that it has successfully raised Rs 600 crore of debt through issuance of bonds.

The company said that it has allotted 6,000 non-convertible debentures (NCDs) of face value of Rs 10 lakh each, aggregating to Rs 600 crore on April 17.

Recently, Tech Mahindra through its arm Venturbay Consultants, won the race to acquire controlling stake in scam-hit Satyam Computer. The company has to pay Rs 1,756 crore by April 21, for acquisition of a 31 per cent stake in the company.