Hey I have recently purchased Compaq Presario 2205AL at Rs. 60,500.
I am quite satisfied with the features.
Here are the specs.
P M Centrino 1.6GHz, 753Mhz, 40GB, 256MB DDR,CDRW DVD Combo, 15" TFT, 802.11b, LAN, Modem, IEEE 1394, 2USB 2.0 , 6 Cell Lithium Ion Battery , INtel Extreme Graphic Card, Carry bag .
Try calling HP customer care with your requirements and budget at 1600444999. They are very helpful and will suggest a good model as per your need and budget.
P.S. I am no HP representative or advertiser.