Shailesh J. Mehta School of Management IIT Bombay Powai Mumbai Answered Questions

1] A Bachelors degree or a Masters degree with at least 60% marks (55% in case of candidates belonging to SC/ST/PWD category) or a minimum CPI of 6.5 (6 in case of candidates belonging to SC/ST/PWD category) out of 10 from the universities incorporated by an act of the central or state legislature in India or other educational institutions established by an act of Parliament or declared to be deemed as a University under Section 3 of the UGC Act, 1956, or possess an equivalent qualification recognized by the Ministry of HRD, Government of India. The bachelors degree or equivalent qualification obtained by the candidate must entail a minimum of four years of education after completing higher secondary schooling (10+2) or equivalent.
2] Applicants appearing for final year of the degree and those who have completed the degree requirements and awaiting results can also apply. The applicant should have secured an aggregate of 60% marks (55% in case of candidates belonging to SC/ST/PWD category) or equivalent till the latest exam that has been completed and whose scores are available.
3] CA/ICWA, with a first-class Bachelors degree in any discipline having secured 60% marks (55% in case of candidates belonging to SC/ST/PWD category) in aggregate (including all years/semesters) or a minimum CPI of 6.5 (6 in case of candidates belonging to SC/ST/PWD category) out of 10.

To do MBA, you must have 50% marks in graduation (any stream). Apart from this, you need to clear any national level entrance exam such as CAT/ MAT/ XAT/ LPUNEST/ NMAT/ CMAT/ GMAT. After qualifying written exam you have to go through GD or PI. Many colleges offer this course in India with different specializations. You can choose any specialization as per your interest. Even you can go for dual specialization. I am mentioning a few of them:
Specializations:
Oil and Gas Management
Hospital and Healthcare Management,
Supply Chain and Logistics,
Tourism and Hospitality,
Financial Markets,
Finance,
Marketing,
Human Resources,
Business, Operations,
Information Technology,
Retail Management,
Strategy,

Hi Mayur!
With this pattern of academics, you cannot apply for CAT. You essentially have 12th passing certificate (with >90%) and valid certificates from your University of graduation. Diploma is not count as graduation.
Hope this helps.
Good Luck.