Vipin Kumar Khanna (14 December 1930 – 7 November 2019) was an Indian businessman, financier and army officer. Khanna had diverse business interests and was a Non-Resident Indian based in London, England. He was commissioned into the Indian Army in 1950, and eventually reached the rank of Major, before voluntarily retiring from the army in 1965. Khanna had a controversial business career. His name was frequently associated with numerous controversies, including allegations of arms lobbying; however, investigations into these matters found no evidence of wrongdoing, and the allegations were subsequently dropped.
Early life and military career
Vipin Kumar Khanna was born on 14 December 1930 in Lahore, Punjab Province, British India. Khanna was born into a Punjabi family. He was the son of businessman Shanti Lal Khanna, also known as S.L. Khanna, and Vidya Khanna. Khanna's brothers were Ravi and Vinod. Khanna, along with his family, fled Lahore during the partition of India in 1947, and migrated to Delhi, India. According to his son, Arvind Khanna, he was from a wealthy family in Lahore, but the family lost their wealth when they fled the city during the Partition, and had to start anew after migrating to Delhi. In 1950, Khanna was commissioned into the Indian Army after graduating from the Joint Services Wing of the Indian Military Academy, in Dehradun. He was commissioned into the Brigade of the Guards regiment. Khanna eventually rose to the rank of Major; however, he voluntarily retired from the Indian Army in 1965.
Business career In 1967, Khanna founded Dynamic Sales Service International (DSSI), which initially started as a commodities trading and marketing company. Eventually, DSSI's commodities and marketing business expanded to include commodities from the metals and mining, agriculture, steel, coal, fertilizers, and oil and gas industries. The company also entered the railways, oil, infrastructure, telecommunications equipment, and shipbroking industries. By 2002, DSSI was a diversified business group. In the 1980s, Khanna entered the arms and aerospace industries. His arms and aerospace businesses focused on manufacturing for offset agreements. In 1997, Khanna entered the drinks and alcohol industries through his company Clan Morgan, which was based in Alwar, Rajasthan. The company had its distilleries and bottling plants located in Rajasthan. Clan Morgan also had a joint venture with Allied Domecq, called Allied Domecq Spirit & Wine India, and owned 50% of the joint venture. In 2009, Khanna entered the software industry through his company V4 Security Service, which was based in Delhi. Khanna also had foreign business interests. He expanded into the investment banking and asset management industries by founding FiNoble Advisors in 2005. FiNoble Advisors had offices in New York City, London, and New Delhi. During his business career, Khanna developed various international connections. In 1985, during a visit to India, United States Senator Richard Lugar met with Khanna to examine US foreign policy in India and South Asia. From 1996 to 2005, he served as the Honorary Consul of the Grand Duchy of Luxembourg in New Delhi.
Controversies
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![Vipin Khanna: Khanna's wife, Naginder Kumari (right), with her mother, Maharani Manjula Devi of Darkoti (left), a wife of Maharaja Bhupinder Singh. Darkoti was a Kachhwaha Rajput ruled princely state, founded in the 11th century, whose rulers were directly descended from the ruling house of the Kingdom of Amber.[61]](https://upload.wikimedia.org/wikipedia/commons/thumb/4/4d/Manjula_Devi_of_Darkoti%2C_one_of_the_wives_of_Maharaja_Bhupinder_Singh_of_Patiala%2C_and_their_daughter%2C_Naginder_Kumari_Khanna%2C_one_of_the_daughters_of_Maharaja_Bhupinder_Singh._Circa_1950s.jpg/500px-thumbnail.jpg?utm_source=en.wikipedia.org&utm_campaign=parser&utm_content=thumbnail)
