SoftBank is in talks to invest up to $25 billion in ChatGPT owner OpenAI, according to a person familiar with the matter, as the Japanese conglomerate continues to expand into the sector.

The dispute, which involves the importation of car parts, could impact the company's business plans and investment in India.

Volkswagen has filed a lawsuit against Indian authorities over what the brand describes as an "impossibly enormous" tax demand, according to a new report from Reuters — a bill of $1.4 billion.

Skoda Auto Volkswagen India has approached the Bombay High Court over a Rs 11,000 crore show cause notice from tax authorities for alleged customs duty fraud. The case involves the import of cars as completely knocked down units.

After the authorities demand for USD 1.4 Billion in due taxes, Volkswagen countersues India to quash this demand and claims lawful practices.

Skoda Auto Volkswagen India has challenged a Rs 11,000 crore (USD 1.4 billion) tax notice alleging customs duty fraud related to CKD car imports. The company is seeking legal remedies and maintains compliance with regulations.

Volkswagen argues that the tax evasion notice it received in September last year has dealt a blow to the Modi government’s "Ease of Doing Business" campaign

Volkswagen has challenged a USD 1.4 billion tax demand by Indian authorities, arguing it contradicts New Delhi's car part import taxation rules. The dispute jeopardizes Volkswagen's USD 1.5 billion investments in India.

Volkswagen has challenged a $1.4 billion tax demand by Indian authorities, arguing it contradicts New Delhi's car part import taxation rules. The dispute jeopardizes Volkswagen's $1.5 billion investments in India.

Volkswagen has reportedly sued Indian authorities seeking them to set aside the tax demand of $1.4 billion. The auto major has taken the action to qaush the ‘impossibly enormous’ tax ask, arguing that it stands contradictory to the import taxation rules of India for car parts.

Volkswagen has sued the Indian authorities to quash the USD 1.4 billion (over Rs 12,000 crore) tax demand, according to a Reuters report. Volkswagen’s India unit, Skoda Auto Volkswagen India Pvt Ltd has also told the Mumbai High Court that the said tax dispute puts at risk the group’s investments of USD 1.