As an IT Engineer, there are many possibilities for you in terms of MBA studies. If you would like to continue specifically on the IT route, you could persue an MBA in Information Technology, which usually specifies in IT management.
Other options that might be interesting for you are MBAs in Entrepreneurship or in Brand & Product Management if you wish to either start your own IT business in the future or move into the development and production side of the IT sector.
Unfortunately, we currently don't have any distance MBA's being offered in India, but since you are looking for an online course, it may not be so important where the university is. Here you can search for a variety of distance MBA programs. The University of Liverpool offers many great programs relating to the IT sector.
Best of luck!