There are many colleges which provide MBA in aviation so below I am providing few names which you can consider -
Great lakes of institute of management
Academy of Mari time Education and Training
Janson school of business
AP Tech Aviation Academy
Institute of Aviation and Logistics Management
Air hosts

LPU is a brand and Mittal School of Business has been ranked 37 in the country. At LPU they say, if not the real world, the classes of MBA are simulated as a real-world, making the learning close to reality. A wide range of emerging specialisation areas are on offer:

HI, Yes some placement reports are not that true. But you should always look back to the college reviews and ratings.
Also incase you do your MBA from top management institutes then you can expect a package of 5-8 lacs on an average. After that with the increase in experience

MBA graduates in Agribusiness can find a long term career in various agro based companies. As agriculture has got a significant place in the economy of every country. Most of the companies recruit fresh management graduates as trainees and promoted to senior positions after getting much experience. So overall it

Here are some MBA colleges list in MP:

Prestige Institute of Management
Devi Ahilya Vishwavidyalay
International Institute of Professional Studies
Jiwaji University
Indian Institute of Information technology and management, Gwalior

For further colleges details & rating you can go through with below given article.
http://www.bschool.careers360.com/colleges/ranking/top-mba-colleges-in-madhya-pradesh

Hi, You can check your counselling details here: http://dtempcounselling.org/1035/Home
You will have to enter your details to know the complete info. Good Luck.

Yes, Taxila is very good option for mangement study, your score is comfortably ok. As far as the placement is concern, 12 Lac is the minimum placement at Taxila, Go with option if selected. Best of Luck...........