# Info Edge CEO Hitesh Oberoi steps down, Bikhchandani to take over 2026-10-28T11:32:14+00:00 | Governance | Indian Opinion Desk Corroboration: 3 independent outlets Hitesh Oberoi will step down as Managing Director and Group CEO of Info Edge on 2 December 2026, after nearly 27 years with the company. Founder Sanjeev Bikhchandani will take over as Executive Vice Chairman, Managing Director and Group CEO from 3 December, subject to shareholder approval. Oberoi will remain on the board as a non-executive, non-independent director. Oberoi, who served as CEO for over 16 years, said he wants to devote more time to higher education, entrepreneurship, investing, philanthropy and his family. Bikhchandani’s new term runs until 26 April 2031. The company’s market capitalisation grew from about Rs 2,500 crore to nearly Rs 80,000 crore during Oberoi’s tenure. Info Edge reported a 12.9% year-on-year revenue rise to Rs 842 crore in the September quarter, while net profit fell 92.9% to Rs 333.8 crore on a year-ago exceptional gain. ## Indian Opinion Analysis Entrackr, CNBC-TV18 and Livemint all report the same set of facts: Hitesh Oberoi steps down on 2 December, founder Sanjeev Bikhchandani takes over from 3 December subject to shareholder approval, and Oberoi cites a desire for more time with education, philanthropy, investing and family. The coverage is uniform straight reporting with no discernible slant. The three outlets differ only in supplementary detail: Livemint adds a biography of Bikhchandani, CNBC-TV18 includes the quarterly revenue and profit figures, and Entrackr names the specific businesses Oberoi helped strengthen. All end on the pending shareholder approval needed for the transition. ## Coverage Coverage: 3 sources, 3 neutral - entrackr.com (neutral report) Straight reporting of the transition with business details - cnbctv18.com (neutral report) Straight reporting of the leadership change with quarterly results - livemint.com (neutral report) Straight reporting with a background profile of Bikhchandani This brief was synthesised by AI from the 3 sources linked above, so one read covers every framing they carry. Update, 28 October 2026: this story now draws on 3 sources. Last updated 2026-10-28T11:38:54+00:00. Tags: 99acres, Hitesh Oberoi, Info Edge, Naukri.com, Sanjeev Bikhchandani Canonical: https://indianopinion.org/hitesh-oberoi-steps-down-as-info-edge-ceo-sanjeev-bikhchandani-to-take-over/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/hitesh-oberoi-steps-down-as-info-edge-ceo-sanjeev-bikhchandani-to-take-over/#story-in-brief How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/