Bajaj Finance general counsel (GC) Sapan Gupta will join Shardul Amarchand Mangaldas in December to spearhead a national banking practice from Mumbai.

When 28 years after its birth, India’s most-diversified financial institution that’s not a bank, Bajaj Finance, looked inward, it realised it was short of a legal team comparable to the company’s overall size and rate of diversification. The company’s legal department was understaffed: a total of six in-house lawyers present to handle the documentation and litigation arising out of a portfolio of 11 non-banking financing (NBFC) businesses.

Read how the company hired Sapan Gupta from Standard Chartered and began its facelift.

Khaitan & Co has hired its second full-time banking partner, with former Clifford Chance London and Singapore senior associate Devidas Banerji joining in Mumbai.

Khaitan & Co’s recent White & Case lateral hire has advised Reliance Industries and Infotel Broadband Services on a $500m loan to finance its broadband wireless access (BWA) auction win. Linklaters and Juris Corp advised the lead lender RBS.

Bristol-headquartered TLT has bagged the advice for a syndicate of Indian banks on a $110m dollar loan to Indus Gas alongside Amarchand Mangaldas, with the regional UK firm benefiting from its niche banking pitch.