Laptops in Rs 40,000 - Rs 50,000 range

1. HP Pavilion 15 n007AX (Rs 45,200)

Display: 15.6-inch (1366x768px) LED display 
Processor: 2GHz (2.8GHz Turbo) AMD A10 APU
RAM: 8GB RAM
Storage: 1TB hard drive
Operating System: Microsoft Windows 8
Miscellaneous: 2GB AMD Radeon HD 7620G8670M GPU, DVD writer

2. Lenovo B5070 59436068 (Rs 50,000)

Display:15.6-inch (1366x768px) LED display
Processor: 2GHz Intel Core i7 processor
RAM: 6GB RAM
Storage: 1TB hard drive
Operating System: Microsoft Windows 8
Miscellaneous: 2GB ATI JET LE R5 M230

(Buy now @ amazon.in)

3. Toshiba Satellite C50-A X3110 (Rs 48,300)

Display: 15.6-inch (1366x768px) LED display 
Processor: 2.5GHz (3.1GHz Turbo) Intel i5 processor
RAM: 4GB RAM
Storage: 500GB hard drive
Operating System: Microsoft Windows 8.1
Miscellaneous: 2GB Nvidia GeForce 710M, DVD writer

4. Lenovo Flex 2-14 Notebook (Rs 47,750)

Display: 14-inch (1366x768px) LED display (with touchscreen)
Processor: 1.7GHz (2.7GHz Turbo) Intel i5 processor
RAM: 4GB RAM
Storage: 500GB hard drive, 8GB SSD
Operating System: Microsoft Windows 8
Miscellaneous: 2GB Nvidia GeForce 820M

Note: You can alternatively pick up a Flex 2 with an i3 processor and without a discrete graphic card for Rs 40,000. The Flex's screen can be flipped all the way back so it can be used only via its touch screen.

(Buy now @ amazon.in)

5. Dell Inspiron 15 3000 Series (Rs 48,700)

Display: 15.6-inch (1366x768px) LED display (with touchscreen)
Processor: 1.7GHz (2.7GHz Turbo) Intel i5 processor
RAM: 4GB RAM
Storage: 1TB hard drive
Operating System: Microsoft Windows 8
Miscellaneous: 2GB Nvidia GeForce 840M, DVD writer

6. HP Pavilion 15-p201tx (Rs 44,290)

Display: 15.6-inch (1366x768px) LED display
Processor: 2.1GHz Intel i3 processor
RAM: 4GB RAM
Storage: 1TB hard drive
Operating System: Microsoft Windows 8.1
Miscellaneous: 2GB Nvidia GeForce 830M, DVD writer