According to me, PIBM is better than Manipal.

Pune Institute of Business Management (PIBM) is among 20 best B-Schools in India as per Times B-School. 

Talking about PIBM, it has its unique teaching pedagogy. They train their students on SCPS approach (Sector, Company, Product/services), Experiential Learning and Profile oriented training. PIBM always focuses on making their students fit for the corporate world. The best thing about PIBM is that they provide two internship programs I.e. Winter & Summer internship programme, Live and Projects. Which is really helpful to the students to have an idea about the corporate world. 
Placements at PIBM:
Over the years, more than 3500 PIBM students have produced results & proved themselves in more than 400 organizations. The placement process is conducted by 300+ top companies from the diverse sector like Financial Sector, Banking, Insurance, Consumer Durables FMCG, Retail, E-commerce, Manufacturing, IT's etc. 

Hey Abhishek Singh,

Pune institute of business and management is best for PGDM in terms of placements, faculty and Facilities. Manipal academy of higher education is not that good when compared to PIBM in terms o Placements in Management and Business administration.

PIBM is rated as AAA by Careers360. The highest salary Package at PIBM is ₹18 lakhs. And at manipal highest salary package is ₹ 5.64 lakhs .

anyways I recommend you to read the reviews of both the colleges and to take a right decision. 

PIBM: https://www.careers360.com/colleges/pune-institute-of-business-management-pune

Manipal: https://www.careers360.com/university/manipal-academy-of-higher-education-manipal

All the best! 

Manipal is great brand and is known for excellent placement with MOU and International collaboration woth top Companies and Foregin Colleges making it recommended option for MBA.college has dedicated placements cell and ofeers above 75% placements with best in class faculty and state of art infrastructure 

PIBM on Other hand has 60% placements with average package of 4.5lpa to 6lpa range. Overall ranking wise way behind Manipal University . Faculty is decent but Internships provided are below average 

Henec PIBM is not recommended.