Loyola Institute of Business Administration Nungambakkam Chennai Answered Questions

The sale of Application forms will be in the month of May. The filled-in application for all UG courses, along with the required enclosures should reach the College Office within TEN DAYS from the date of publication of the Tamil Nadu Higher Secondary Examination results.
The provisionally selected candidate will have to present himself/ herself along with the parents for interview with the Principal on the date mentioned in the intimation letter without fail.
https://www.shiksha.com/bba/course/bachelor-business-administration-bba-loyola-college/82609

I would say simsr is definitely better than liba and at least at par with tapmi. The one advantage SIMSR has over Tapmi is location, in my opinion. Being in Mumbai not only puts you in the financial and business capital of the country but also gives you access to a multitude of resources like Heads of industry who routinely interact with students via guest lectures, lectures by special faculties specialising in some field of knowledge, competitions held by other business schools etc. You can take admission to Tapmi and then depending on the SIMSR results, you could decide whether to join tapmi or SIMSR. Most colleges will refund the amount paid if admission is cancelled.