The average salary package of MBA students at Chaitanya Bharathi Institute of Technology, Hyderabad is 4.2 Lakhs per annum. It is a good college for management studies. Some of the companies which come for recruitment are:

Accenture
BirlaSoft
CMC
Cognizant
Deloitte
Ericsson India
GODREJ
Google
HCL
IGATE
Infosys
Infotech

You can check the placement report here:
CBIT placement

Though it is considered much for engineering and not that much for MBA.

If you have other good options then you can consider them as well.
Good luck.