Vipin Khanna
Indian businessman, financier and army officer (1930–2019) / From Wikipedia, the free encyclopedia
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Vipin Kumar Khanna (14 December 1930 – 7 November 2019) was an Indian businessman, financier and army officer. Khanna had diverse business interests. He founded Dynamic Sales Service International, a commodities trading and marketing company, which further expanded into railways, infrastructure, telecommunications equipment, shipbroking, fast-moving consumer goods and additional industries.[1][2] Khanna also had other business interests, which included interests in the arms, aerospace, software, investment banking, hospitality, real estate, alcohol and drinks industries.[3][4][5][6][7] He was a Non-Resident Indian based in London, England, and also had a base in Delhi, India.[3][8][9]
Vipin Khanna | |
---|---|
Born | Vipin Kumar Khanna (1930-12-14)14 December 1930 |
Died | 7 November 2019(2019-11-07) (aged 88) |
Nationality | Indian |
Occupations |
|
Spouse | Naginder Kumari Khanna |
Children | Vinita, Navin, Arvind and Aditya |
Parent(s) | Shanti Lal Khanna (father) Vidya Khanna (mother) |
Relatives | Khanna family |
Military career | |
Allegiance | India |
Service/ | Indian Army |
Years of service | 1950-1965 |
Rank | Major |
Unit | Brigade of The Guards |
Khanna was born in Lahore, Punjab Province. During the Partition of India in 1947, Khanna and his family fled Lahore, and migrated to Delhi. He was commissioned into the Indian Army in 1950, and eventually reached the rank of Major, before voluntarily retiring from the army in 1965.[10] After his retirement from the army, Khanna began his business career.
Khanna had a long and controversial business career. His name was frequently associated with numerous controversies, including allegations of being an arms dealer, links to numerous offshore companies, and alleged involvement in bribery scandals; however, investigations into these matters found no evidence of wrongdoing and were subsequently dropped.[11][12][13] Khanna was allegedly one of the largest and most powerful arms dealers in India since the 1980s; however, the allegations levelled against him were never proven, and the cases against him were dropped.[14][15][11] Despite the lack of evidence against Khanna, allegations of being an arms dealer, being linked to foreign defence companies, and allegations of being involved in various arms deals in India persisted throughout his business career.[11][16] He was noted by the Government of India and Indian investigative agencies for being a powerful and influential person, both in India and globally.[17][18][19]
Khanna died on 7 November 2019, in New Delhi. His business interests were divided between his children: Vinita, Navin, Arvind and Aditya.[20][21][22][23]