Bhandari

Although the medical staff declined to recall Bhandari, the hospital's medical staff executive committee, composed mostly of department heads and presided over by the chief of staff, began investigating him.

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While Starbucks is close to finalising its investment plans for India, others such as Nestle and Hindustan Unilever are interested as well, Mr. Bhandari said.

Industry Official: Coffee Exporter India May Turn Importer Biman Mukherji 2012

"This latest deal will provide [yuan] holdings in Hong Kong a new channel of re-entering into China, which should further encourage cross-border [yuan] trade settlement," said Sundeep Bhandari, StanChart 's regional head of global markets.

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Mr. Bhandari talked about the fund's strategy for India in an interview.

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Mr. Bhandari said that, within a decade, the domestic consumption of coffee could easily top 3 million bags a year from the current million bags.

Industry Official: Coffee Exporter India May Turn Importer Biman Mukherji 2012

The easing of rules to allow full foreign direct investment earlier this month has evoked strong interest from retailers such as Starbucks and Nestle, said Anil K Bhandari, president of the India Coffee Trust.

Industry Official: Coffee Exporter India May Turn Importer Biman Mukherji 2012

Vimal Bhandari and Arun Duggal will continue as independent directors.

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Mr. Bhandari added that coffee consumption in India is growing by 6.5% every year, and global demand is increasing 2.5%.

Industry Official: Coffee Exporter India May Turn Importer Biman Mukherji 2012

Mr. Bhandari said that the domestic production of coffee would be around 307,000 tons in the year through March, slightly higher than previous estimates, due to good rainfall.

Industry Official: Coffee Exporter India May Turn Importer Biman Mukherji 2012

"From small towns such as Jalandhar in northern Punjab state to remote towns in the northeast, you find that the coffee culture is spreading everywhere," Mr. Bhandari said.

Industry Official: Coffee Exporter India May Turn Importer Biman Mukherji 2012