Intel rig at that budget and that too now is inviting someone to rip you off easily! Core i5 and i3 will launch within a month or two. Ask your friend to wait if he needs Intel so desperately.
Else,
AMD Athlon II X2 240 @ 3.5k
Biostar TA 785GE 128M @ 4.2k
2x2GB DDR2 800MHz Kingston @ 2.4k
Zebronics Bijli @ 1.6k
Samsung 2033SW @ 7k
Altec Lansing BXR1121 @ 1.2k
WD 640GB Caviar blue @ 3k
Corsair CX400W @ 3.2k OR Tagan TG500-U37 @ 3.2k
With this rig your friend can have integrated gfx which can play crysis @ medium settings, while with Intel he will not be able to game as well without spending on a gfx card which will be pretty outdated too.