I found this: iBall Sparkle LED full HD monitor/TV at 7.9k INR at Flipkart.
Has all three input ports DVI, VGA & HDMI and inbuilt speakers so far ..+ve reviews.
(infact a reviewer posted that it does indeed supports audio over HDMI)
BTW, if we use a VGA/DVI/HDMI converter am sure we won't be getting audio out from a device which only supports audio over HDMI over to a monitor..so that'd a deal breaker for me

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So long~
