Hello Arun!
There are multiple software to choose from! But be CAREFUL with the licenses :)
I personally recomend GAMESS!
http://www.msg.ameslab.gov/GAMESS/
GAMESS is fully featured on ab initio, semi-empiric and has the basis for MM calculations
NWCHEM is another free, research-grade software, but it has a little more restrictive license.
Another good package is ORCA
http://ewww.mpi-muelheim.mpg.de/bac/logins/downloads_en.php
For DFT calculations, OCTOPUS ( http://www.tddft.org/ ) , as well as abinit (http://www.atypon-link.com/OLD/doi/pdf/10.1524/zkri.220.5.558.65066) are good choices!
Zodiac and Vega ZZ are good programs for Cheminformatics and MM work :) Tinker is also a good program!
http://homepage.mac.com/swain/Macinchem/page11/page11.html <- Zodiac
http://www.ddl.unimi.it/vega/index.htm <- Vega ZZ
http://dasher.wustl.edu/tinker/ <- Tinker
I hope this helps you :)