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 Indian government had issued a tax evasion notice to Volkswagen Group in September 2024 for implementation of a strategy to pay lower import duty.

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 filed a lawsuit against the Indian authorities to cancel an "impossibly enormous" tax demand of $1.4bn, claiming that it contradicts the country's import taxation rules, reported Reuters,

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

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 filed a lawsuit against Indian authorities to contest a $1.4 billion import tax demand, calling it impossibly enormous and contradictory to New Delhis import rules. The case, filed by Skoda Auto