Billionaire ‘oracle’ Warren Buffett’s US-based investment fund Berkshire Hathaway is due to buy a $300-350m stake in One97 Communications, which owns Indian payment gateway Paytm, reported Mint . This would be Buffett’s first India investment, valuing the company at around $10-12bn. According to sou...

Many Indian firms have been looking to do more of knowledge management (KM) for many years, with an eye on their foreign counterparts, but the immediate pressures of earning revenues and servicing clients often get in the way. At AZB & Partners, Bhavi Sanghvi, has now transitioned from corporate, M&A and private equity partner to full-time knowledge management, heading up its KM function for the past month-and-a-half.

Delhi Link Legal India Law Services partner Durgesh Singh has joined DMI Finance as its group chief legal officer.

Wadia Ghandy litigation head and partner Farid Karachiwala is joining J Sagar Associates (JSA) as equity partner in Mumbai with his team of five lawyers.

Shardul Amarchand Mangaldas corporate and M&A salaried partner Sourav Kanti De Biswas has resigned, according to authoritative sources. It is understood from sources that he will be taking some time off.

Sujit Ghosh, the co-founding partner of two best friends of Big 4 consultancies - BMR Legal and most recently Advaita Legal - is set to leave the firm soon, we have learned.

Law firm P&A Law Offices has hired SREI Infrastructure Finance senior vice president Ketan Mukhija as corporate partner in Delhi.

Funds partners Ganesh Rao and Aditya Jha from AZB & Partners are understood to be heading to Trilegal, though we understand that the partnership vote to admit them into Trilegal has not yet completed.

Pramod Rao, the general counsel (GC) of Citibank India since 2013, will be re-joining the ICICI fold as ICICI Group GC, returning to the banking giant at which he had started his career.

Unlike many other large firms that have struggled to find good business in Hyderabad - Trilegal closed its office in January and Cyril Amarchand Mangaldas only has a skeleton presence remaining there, Tatva has doubled down on the state following the Andhra Pradesh-Telangana bifurcation.

HCL Infosystems general counsel Rajeev Choubey has joined cement giant LafargeHolcim’s Indian unit ACC Cement as general counsel yesterday.

Luthra & Luthra will hire its third lateral corporate partner this year, with Link Legal India Law Services associate partner Alok Sonker due to join in Mumbai next month.

Federal & Rashmikant’s two senior name partners M Federal and C Rashmikant are due to separate, dissolving the partnership of the top Mumbai litigation and real estate firm, according to two reliable sources.

Nivedita Tiwari, who had resigned from Cyril Amarchand Mangaldas (CAM) in April, is due to join Shardul Amarchand Mangaldas (SAM), we reliably understand.

Following the break-up between Clyde & Co and Clasis Law, which we had first reported on 22 March, UK-international firm Clydes has now tied up with former Clasis partner Sumeet Lall’s new firm CSL Chambers, according to sources.

Altico Capital managing director, head of structuring and general counsel (GC) Mrinal Chandran, who was part of the founding team of the fund, will join Bain Capital and Piramal Enterprises joint venture India Resurgent Fund (IRF) as GC some time next month.

Khaitan & Co had initially been loathe to let partner Avaantika Kakkar leave the firm to Cyril Amarchand, when we first reported her move on 14 April.

In what will be welcome to the firm’s corporate strength, Shardul Amarchand Mangaldas Mumbai corporate finance and M&A partner Jay Parikh is set to join Luthra & Luthra in Mumbai early next month, according to authoritative market sources.

Link Legal India Law Services international arbitration partner Saloni Gupta, who had joined two years ago from Kochhar & Co, will be joining US computing hardware giant Apple in its India operations in a strategic policy role, with a remit to build its legal team.

Wadia Ghandy partner Kunal Vajani, who has been heading its Delhi office, has started up an independent chambers to focus purely on disputes, with an eye to build a UK-style barristers chambers practice.