MBA in India

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Hello, I am a BE Graduate keen about persuing my studies in Managements. However, since i am working now, I feel doing MBA in correspondence is a great idea. But many of them suggest me that doing MBA in correspondence is not a great idea. There is less weightage for it. Is this true? Is there lesser value for a graduate who has done through correspondence than the one who has done it via the main course? Also can someone suggest me good management universities in India for MBA (in HR or IT)