Suresh Nanda is an Indian businessman, former

Lt. Commander Lieutenant commander (also hyphenated lieutenant-commander and abbreviated Lt Cdr, LtCdr. or LCDR) is a Officer (armed forces), commissioned officer military rank, rank in many navy, navies. The rank is superior (hierarchy), superior to a l ...

for the Indian navy, and the Chairman of Claridges Group of Hotels. He ran Dynatron Services, an engineering firm before entering into the hospitality sector.

Business career

After 15 years of Military service, Nanda started his journey in the corporate sector and working for several major ventures in India, Europe and the Middle East. In 2003, Nanda facilitated the acquisition of Claridges Hotel in New Delhi and the Nabha Palace Hotel in Mussoorie. Subsequently, he built

Vivanta Vivanta is an Indian hotel chain established in September 2010. The brand is a part of the Indian Hotels Company Limited, a subsidiary of the TATA Group The Tata Group () is an Indian multinational conglomerate headquartered in Mumbai. E ...

Surajkund which is managed by Indian Hotels Limited. He then went international as a hotelier by building Taj Dubai in 2015.

Early life

Suresh Nanda was born to Admiral

Sardarilal Mathradas Nanda Admiral Sardarilal Mathradas 'Charles' Nanda (Punjabi: ), PVSM, AVSM (10 October 1915 – 11 May 2009) was an Indian Navy admiral who served as the 7th Chief of the Naval Staff from 1 March 1970 until 28 February 1973. He led the Indian Nav ...

and Sumitra Nanda in Karachi, British India. As the son of a high rank officer in the Indian Navy, Suresh Nanda studied in St. Columba's School, Delhi, the same school where notable personalities like Shah Rukh Khan,

Rahul Gandhi Rahul Gandhi ( ; born 19 June 1970) is an Indian politician and a member of the Indian Parliament, representing the constituency of Wayanad, Kerala in the 17th Lok Sabha. A member of the Indian National Congress, he served as the president o ...

Sanjay Gandhi Sanjay Gandhi (14 December 1946 23 June 1980) was an Indian politician and the younger son of Indira Gandhi and Feroze Gandhi. He was a member of parliament, Lok Sabha and the Nehru–Gandhi family. During his lifetime, he was widely expected ...

and Officers of the Indian Armed Force like

Rana Chhina Squadron Leader Rana Tej Pratap Singh Chhina, MBE (born 1960) is a writer, a military historian and a veteran of the Indian Air Force. Military career Born and raised in New Delhi, Chhina was selected for the National Defence Academy in 197 ...

Arun Khetarpal Second Lieutenant Arun Khetarpal PVC (14 October 1950 – 16 December 1971) born in Pune, Maharashtra, was an officer of the Indian Army and a posthumous recipient of the Param Vir Chakra, India's highest military decoration for valour in fa ...

and DS Hooda had studied.

Issues in media

Nanda was implicated in the

Tehelka ''Tehelka'' (Hindi: Sensation) is an Indian news magazine known for its investigative journalism and sting operations. According to the British newspaper ''The Independent'', the ''Tehelka'' was founded by Tarun Tejpal, Aniruddha Bahal and a ...

sting operation West End for allegedly giving bribes in Barak Missile Deal Scandal which was later closed as no evidence was found in the case, the Central Bureau of Investigation (CBI) filed a closure after seven years, in 2013.

Allegations

Nanda had floated three companies including Dynatron and Crown. These manufacture and deal mostly with armoury vehicles, arms and associated equipment. In the

First Information Report __NOTOC__ A first information report (FIR) is a document prepared by police organisations in Indian subcontinent and Southeast Asian countries including Myanmar, India, Bangladesh and Pakistan when they receive information about the commissio ...

filed 9 October 2005, CBI mentioned large payments from the firm

MTU Aero Engines MTU Aero Engines AG is a German aircraft engine manufacturer. MTU develops, manufactures and provides service support for military and civil aircraft engines. MTU Aero Engines was formerly known as MTU München. History While the Munich-based en ...

(a supplier to

Israel Aircraft Industries Israel Aerospace Industries (Hebrew: התעשייה האווירית לישראל ''ha-ta'asiya ha-avirit le-yisra'el'') or IAI (תע"א) is Israel's major aerospace and aviation manufacturer, producing aerial and astronautic systems for both mi ...

) into the bank accounts of Dynatron Services, a company managed by Suresh Nanda and his family members during the relevant period. The scandal had resulted in Nanda serving time in prison and his passport being revoked; however, according to the media his company's business increased following these events.

References

{{DEFAULTSORT:Nanda, Suresh Living people Indian Navy officers Businesspeople from Delhi Arms traders Defence industry of India Corruption in defence procurement in India 1941 births