Hello Venkata,
All TOP colleges are offering - (XLRI Jamshedpur and all IIMs) - are offering PGDM, not MBA.
To me, it appears that PGDM is a more flexible program and offers more variety and hence more width.
Also PGDM of M.S RAMAIAH college bangalore is approved by AICTE, it should be good.
Also look at the placement record last year of M.S RAMAIAH college bangalore for PGDM and MBA.
Go for the one (PGDM / MBA) which has better placements.
best wishes
Dilip Bam