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Indian conglomerate Peerless Group invests $120 million to expand healthcare presence

Peerless Group, India's Kolkata-based diversified conglomerate, plans to invest about ₹1,000 crore (~$120 million) into its healthcare and mixed-use real estate projects over the next three years, according to a report by The Hindu Business Line on August 1. The group is working on the development of a 160-bed cancer care centre, the SK Roy Institute of Oncology Services (SRIOS), with an estimated investment of around ₹500 crore.

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