Hyderabad is the capital of the Indian state of Andhra Pradesh. The city sprawls around the Hussain Sagar Lake. The newer section of the city has several multistoried complexes. The old city has several palaces and interesting monuments like the Charminar. The cantonment town of Secunderabad is part of the urban agglomeration. Hyderabad has seen a lot of activity in the IT sector with Microsoft, Oracle and IBM setting up shop in the city.