International Business Machines Corp. (IBM) said that it has signed a five-year remote managed services agreement with Sandhar Technologies, an auto ancillary group based in New Delhi.
The deal will enable the company to align its information technology initiatives with business priorities, thereby ensuring risk mitigation and substantial cost savings.
As part of the agreement signed in December 2009, IBM will manage IT infrastructure for Sandhar Technologies, helping the company focus on its core business while reducing capital expenditure.
The scope of managed services includes server management and network & security management, which will be remotely carried out from IBM's Global Management Center in Bangalore.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.