Bhupathi and Paes are in the separate half of the draw and may face each other in the final.
The Indian GM beat Levan Pantsulaia of Georgia to move to joint fourth place in the World junior chess championship.
He and Elena Likhovtseva won their second round match against Liezel Huber and Pavel Vizner at the French Open.
Bhupathi and Max Mirnyi of Belarus have been seeded second, while Paes and his Czech partner David Rikl are the fifth seeds.
A summary of sports events and persons who made news on Friday
The pair beat Michael Llodra and Fabrice Santoro in the final.
Their exit gave the Bryan twins, Mike and Bob, the year-end world No. 1 ranking.
The World No. 2 doubles pair beat Australia's Wayne Arthurs and Paul Hanley for their first victory in the ATP Masters Cup.
Relief was at hand, however, with a cool change blowing over the city and the temperature expected to fall back below 30 by the evening.
The country's former Davis Cup stars moan the exit from the elite World Group for the first time in 20 years.
He joins pistol shooter Jitu Rai, rifle shooters Apurvi Chandela and Gagan Narang, who all had sealed berths earlier.
The US ace broke his record with a 155mph (249kph) serve as the U.S. took a 2-0 lead over Belarus in their Davis Cup semi-final.
The Wimbledon girls' doubles champion was beaten by Stephanie Dubois at the Canada Open.
The top seeds will take on seventh seeds Wayne Arthurs and Paul Hanley of Australia.
The unseeded Indian ace whipped Vitali Chevts of Belarus to set up a meeting with fifth seed Todor Enev of Bulgaria in the ITF Futures tournament.
Grandmaster Levon Aronian and Ni Hua share the lead after the sixth round in the World junior chess championships.
The past week saw a lot of brilliance in sports. It started with Juventus and Barcelona lighting up the Champions League with their inspiring football and, later in the week, Mercedes' Nico Rosberg stoked the F1 circuit in Spain, capping a brilliant win to cut teammate Lewis Hamilton's lead to 20 points. Rediff.com has this, and many more memorable moments snapped right here.
The top seeds beat Leander Paes and David Rikl in the semi-finals
The top seeds will take on Leander Paes and David Rikl.
The Indian ace won his men's doubles and mixed doubles matches at the french Open on Saturday.
Paes/Rikl and Bhupathi/Miryni won their first round doubles matches at the French Open easily.
Increasingly isolated on the global stage, the World Cup has so far helped Vladimir Putin send a defiant message to his opponents that Russia is succeeding despite Western efforts to hold it back.
The pair had to concede a walk-over at the Barcelona Open as Miryni too ill.
The Indo-Belarusian pair easily beat Lucas Arnold and Mariano Hood of Argentina in the final.\n\n
Real Madrid goalkeeper Iker Casillas was forced off in the 15th minute of Tuesday's 6-1 Champions League Group B romp at Galatasaray after sustaining a rib injury in a collision with team mate Sergio Ramos.
List of Australian Open women's singles champions since the event began in 1922 (Australian unless stated):
Cristiano Ronaldo came off the bench and scored an opportunist goal which set Portugal on the way to a 2-0 win in Andorra on Saturday that maintained their chances of qualifying directly for the World Cup.
Arsenal will not sell striker Olivier Giroud, midfielder Jack Wilshere and winger Theo Walcott in the January transfer window despite their lack of playing time at the Premier League club, manager Arsene Wenger has said.
Former world number one Serena Williams looked sharp in her return to the hardcourts after a week-long break, soundly defeating Daria Gavrilova 6-1, 6-2 on Monday to advance to the second round of the Cincinnati Masters.
The 30-year-old Indian shuttler had an impressive run in the $75,000 BWF Tour Super 100 tournament before caving in tamely 14-21, 10-21 to Shesar in 28 minutes.
The Australian Open runner-up let slip a two-set advantage on the Davis Cup tie against Belarus.\n\n
'A hotline between the Chinese and Indian military establishments is essential if the possibility of conflict is to be minimised.' 'When relations are uneasy, even minor incidents can spiral out of control,' warns former senior RA&W officer Jayadeva Ranade.
Serena Williams laid down an imposing marker ahead of the first grand slam of the year by powering to a 6-4, 7-5 victory over Australian Open champion Victoria Azarenka at the Brisbane International.
European champions Real Madrid will face former champions Liverpool, FC Basel and debutants Ludogorets of Bulgaria following the draw for the group stage of the Champions league on Thursday.
After two years of injury frustration and bouts of depression, Victoria Azarenka is hoping a little bit of motorcycle riding and some street art will change people's perceptions and help her to a third Australian Open title. The 26-year-old Belarusian is one of the favourites for the year's opening grand slam that starts on Monday after proving her fitness following a nagging foot injury that has restricted her appearances over the past two years. Now injury free and fresh off her first title since August 2013 at the Brisbane International last week, she is looking forward to the courts she made her own in 2012 and 2013.
A summary of sports events and persons who made news on Tuesday
A round-up of Friday's Euro 2020 qualifying matches.