dragonlord,
I don't think u'll find a notebooks with a good graphics card eg (ATI Radeon/ GeForce Go) in a budget around 50k IN INDIA. Especially not with new processors like Centrino dual core.
if your budget is about 60-65K, and then you may have a few choices.
You could try this one
Acer TM4602 NWLCi
Intel Centrino 1.73 Ghz, 256 MB DDR Ram, 60 GB Hard Disk,15.4" TFT,Ati Radeon Graphic card 64 MB
DVD Writer ,Lan + Modem etc
cost Rs 53,000
upgurade to 512MB ram +4500
+ tax+handelling +carry bag etc.
Total : Aprox 60K
info:
http://www.braintoneinfo.com/acer.html