+1, EP630 - total VFM. I bought it 2 years back for 650 bucks.Do check out Creative and Sennhiser range as well. Creative Ep630 and 830 are considered quite decent as well.
Yes. To add to your misery, here is an ebay link http://cgi.ebay.com/New-Ear-Creative-Earphone-EP630-Headphone-Mp3-GIFT-/320595849344?pt=Other_MP3_Player_Accessories&hash=item4aa5007080Thanks Yogesh out of the two you suggested which one is better - and on ebay I see some major price fluctuation on the same brand\model close to Rs 100