On a day when competition watchdog CCI imposed a penalty of around Rs 600 crore on realty major DLF for abusing its dominant market position, SP Tulsian of sptulsian.com says such an action is not a one-off is likely to get extended or apply to many other companies.
"Cement companies like Ultratech, ACC and Ambuja Cement are in line for huge penalty of the similar kind," says Tulsian. He says on the street, there will be an effect on such companies as and when this liability gets announced. Below is an edited transcript of SP TulsianDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
