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Wiki Wiki Summary
Sun Pharma Sun Pharmaceutical Industries Limited (d/b/a Sun Pharma) is an Indian multinational pharmaceutical company headquartered in Mumbai, Maharashtra, that manufactures and sells pharmaceutical formulations and active pharmaceutical ingredients (APIs) in more than 100 countries across the globe. It is largest pharma company in India and the fourth largest specialty generic pharmaceutical company in the world, with a total revenue of over US$4.5 billion as of June 2021.
Disparate impact Disparate impact in United States labor law refers to practices in employment, housing, and other areas that adversely affect one group of people of a protected characteristic more than another, even though rules applied by employers or landlords are formally neutral. Although the protected classes vary by statute, most federal civil rights laws protect based on race, color, religion, national origin, and sex as protected traits, and some laws include disability status and other traits as well.
Video on demand Video on demand (VOD) is a media distribution system that allows users to access videos without a traditional video playback device and the constraints of a typical static broadcasting schedule. In the 20th century, broadcasting in the form of over-the-air programming was the most common form of media distribution.
Spandex Spandex, Lycra, or elastane is a synthetic fiber known for its exceptional elasticity. It is a polyether-polyurea copolymer that was invented in 1958 by chemist Joseph Shivers at DuPont's Benger Laboratory in Waynesboro, Virginia, US.The generic name "spandex", which is an anagram of the word "expands", is the preferred name in North America.
List of historic United States Marines The following is a list of the prominent names in U. S. Marine Corps lore—the people who make up what the Marines call "knowledge". Names in this list are notable for actions made as a Marine; individuals whose notability is unrelated to service in uniform can be found at List of United States Marines.
Surgical instrument A surgical instrument is a tool or device for performing specific actions or carrying out desired effects during a surgery or operation, such as modifying biological tissue, or to provide access for viewing it. Over time, many different kinds of surgical instruments and tools have been invented.
Great Recession The Great Recession was a period of marked general decline (recession) observed in national economies globally that occurred between 2007 and 2009. The scale and timing of the recession varied from country to country (see map).
Particularly dangerous situation A particularly dangerous situation (PDS) tag is enhanced wording first used by the Storm Prediction Center (SPC), a national guidance center of the United States National Weather Service, for tornado watches and eventually expanded to use for other severe weather watches and warnings by local NWS forecast offices. It is issued at the discretion of the forecaster composing the watch or warning and implies that there is an enhanced risk of very severe and life-threatening weather, usually a major tornado outbreak or a long-lived, extreme derecho event, but possibly another weather hazard such as an exceptional flash flood or wildfire.PDS watches are quite uncommon; less than 3% of watches issued by the SPC from 1996 to 2005 were PDS watches, or an average of 24 each year.
Approximate entropy In statistics, an approximate entropy (ApEn) is a technique used to quantify the amount of regularity and the unpredictability of fluctuations over time-series data.For example, there are two series of data:\n\nseries 1: (10,20,10,20,10,20,10,20,10,20,10,20...), which alternates 10 and 20.series 2: (10,10,20,10,20,20,20,10,10,20,10,20,20...), which has either a value of 10 or 20, chosen randomly, each with probability 1/2.Moment statistics, such as mean and variance, will not distinguish between these two series. Nor will rank order statistics distinguish between these series.
Millennium Development Goals The Millennium Development Goals (MDGs) were eight international development goals for the year 2015 that had been established following the Millennium Summit of the United Nations in 2000, following the adoption of the United Nations Millennium Declaration. These were based on the OECD DAC International Development Goals agreed by Development Ministers in the "Shaping the 21st Century Strategy".
Arms Export Control Act The Arms Export Control Act of 1976 (Title II of Pub.L. 94–329, 90 Stat. 729, enacted June 30, 1976, codified at 22 U.S.C. ch.
Truth or Consequences Truth or Consequences is an American game show originally hosted on NBC radio by Ralph Edwards (1940–1957) and later on television by Edwards (1950–1954), Jack Bailey (1954–1956), Bob Barker (1956–1975), Steve Dunne (1957–58), Bob Hilton (1977–1978) and Larry Anderson (1987–1988). The television show ran on CBS, NBC and also in syndication.
Indian Revenue Service The Indian Revenue Service (IAST: Bhāratīya Rājasva Sevā), often abbreviated as IRS, is an Indian government agency that is primarily responsible for collecting and administering direct and indirect taxes. As a central civil service under Group A of the executive branch of the Government of India, it functions under the Department of Revenue of the Ministry of Finance and is under the administrative direction of the Revenue Secretary and the ministerial command of the Minister of Finance.
Non-governmental organization A non-government organization (NGO) is an organization that generally is formed independent from government. They are typically nonprofit entities, and many of them are active in humanitarianism or the social sciences; they can also include clubs and associations that provide services to their members and others.
Engineered wood Engineered wood, also called mass timber, composite wood, man-made wood, or manufactured board, includes a range of derivative wood products which are manufactured by binding or fixing the strands, particles, fibres, or veneers or boards of wood, together with adhesives, or other methods of fixation to form composite material. The panels vary in size but can range upwards of 64 by 8 feet (19.5 by 2.4 m) and in the case of cross-laminated timber (CLT) can be of any thickness from a few inches to 16 inches (410 mm) or more.
Retail marketing Once the strategic plan is in place, retail managers turn to the more managerial aspects of planning. A retail mix is devised for the purpose of coordinating day-to-day tactical decisions.
Market penetration Market penetration refers to the successful selling of a good or service in a specific market. It is measured by the amount of sales volume of an existing good or service compared to the total target market for that product or service.
Contractualism Contractualism is a term in philosophy which refers either to a family of political theories in the social contract tradition (when used in this sense, the term is an umbrella term for all social contract theories that include contractarianism), or to the ethical theory developed in recent years by T. M. Scanlon, especially in his book What We Owe to Each Other (published 1998).Social contract theorists from the history of political thought include Hugo Grotius (1625), Thomas Hobbes (1651), Samuel Pufendorf (1673), John Locke (1689), Jean-Jacques Rousseau (1762), and Immanuel Kant (1797); more recently, John Rawls (1971), David Gauthier (1986) and Philip Pettit (1997).\n\n\n== References ==\n\n\n== Further reading ==\nAshford, Elizabeth and Mulgan, Tim.
Performance-based navigation ICAO performance-based navigation (PBN) specifies that aircraft required navigation performance (RNP) and area navigation (RNAV) systems performance requirements be defined in terms of accuracy, integrity, availability, continuity, and functionality required for the proposed operations in the context of a particular airspace, when supported by the appropriate navigation infrastructure.\n\n\n== Description ==\nHistorically, aircraft navigation specifications have been specified directly in terms of sensors (navigation beacons and/or waypoints).
Availability factor The availability factor of a power plant is the amount of time that it is able to produce electricity over a certain period, divided by the amount of the time in the period. Occasions where only partial capacity is available may or may not be deducted.
List of elements facing shortage Since 2011, the European Commission assesses a 3-year list of Critical Raw Materials (CRMs) for the EU economy within its Raw Materials Initiative. To date, 14 CRMs were identified in 2011, 20 in 2014, 27 in 2017 and 30 in 2020.
Hydra 70 HYDRA Engine is a brand name for a multi-GPU developed by Lucid Logix. Similar to nVidia's SLI and ATI's Crossfire-technologies, Hydra allows linking several video cards together producing a single output and higher performance.
Value chain A value chain is a set of activities that a firm operating in a specific industry performs in order to deliver a valuable product (i.e., good and/or service) to the end customer. The concept comes through business management and was first described by Michael Porter in his 1985 best-seller, Competitive Advantage: Creating and Sustaining Superior Performance.
Impact factor The impact factor (IF) or journal impact factor (JIF) of an academic journal is a scientometric index calculated by Clarivate that reflects the yearly mean number of citations of articles published in the last two years in a given journal, as indexed by Clarivate's Web of Science. As a journal-level metric, it is frequently used as a proxy for the relative importance of a journal within its field; journals with higher impact factor values are given the status of being more important, or carry more prestige in their respective fields, than those with lower values.
Calendar year Generally speaking, a calendar year begins on the New Year's Day of the given calendar system and ends on the day before the following New Year's Day, and thus consists of a whole number of days. A year can also be measured by starting on any other named day of the calendar, and ending on the day before this named day in the following year.
Ecosystem valuation Ecosystem valuation is an economic process which assigns a value (either monetary, biophysical, or other) to an ecosystem and/or its ecosystem services. By quantifying, for example, the human welfare benefits of a forest to reduce flooding and erosion while sequestering carbon, providing habitat for endangered species, and absorbing harmful chemicals, such monetization ideally provides a tool for policy-makers and conservationists to evaluate management impacts and compare a cost-benefit analysis of potential policies.
List of Strange Days at Blake Holsey High episodes The following is a list of episodes of the Discovery Kids' series Strange Days at Blake Holsey High which premiered on October 5, 2002 and ended on January 28, 2006. A total of 42 episodes were produced spanning 4 seasons.
There ain't no such thing as a free lunch "There ain't no such thing as a free lunch" (alternatively, "There is no such thing as a free lunch" or other variants) is a popular adage communicating the idea that it is impossible to get something for nothing. The acronyms TANSTAAFL, TINSTAAFL, and TNSTAAFL are also used.
Social cognitive theory Social cognitive theory (SCT), used in psychology, education, and communication, holds that portions of an individual's knowledge acquisition can be directly related to observing others within the context of social interactions, experiences, and outside media influences. This theory was advanced by Albert Bandura as an extension of his social learning theory.
Renal compensation Renal compensation is a mechanism by which the kidneys can regulate the plasma pH. It is slower than respiratory compensation, but has a greater ability to restore normal values.
Ordinary least squares In statistics, ordinary least squares (OLS) is a type of linear least squares method for estimating the unknown parameters in a linear regression model. OLS chooses the parameters of a linear function of a set of explanatory variables by the principle of least squares: minimizing the sum of the squares of the differences between the observed dependent variable (values of the variable being observed) in the given dataset and those predicted by the linear function of the independent variable.
Current density In electromagnetism, current density is the amount of charge per unit time that flows through a unit area of a chosen cross section. The current density vector is defined as a vector whose magnitude is the electric current per cross-sectional area at a given point in space, its direction being that of the motion of the positive charges at this point.
Paper valuation Paper Valuation is the value of privately held shares that is not directly tradeable at an exchange.\nThis notional value, though, is as yet untested on real buyers.
Bankruptcy Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor.
Risk Factors
ROBBINS & MYERS INC ITEM 1A RISK FACTORS If any of the events contemplated by the following risks actually occurs, then our business, financial condition or results of operations could be materially adversely affected
We caution the reader that these risk factors may not be exhaustive
We operate in a continually changing business environment, and new risk factors emerge from time to time
We can neither predict these new risk factors, nor can we assess the impact, if any, of these new risk factors on our businesses or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those projected in any forward-looking statements
Some of our end-markets are cyclical, which may cause fluctuations in our sales and operating results
We have experienced, and expect to continue to experience, fluctuations in operating results due to business cycles
We sell our products principally to energy, industrial, and pharmaceutical markets
While we serve a variety of markets to avoid a dependency on any one, a significant downturn in any of these markets could cause a material adverse impact on our sales and operating results
The energy market, in particular, has historically been cyclical in nature as the worldwide demand for oil and gas fluctuates
When worldwide demand for these commodities is depressed, the demand for our products used in drilling and recovery applications is reduced
We have historically generated lower sales and profits in periods of declining demand for oil and gas
Accordingly, results of operations for any particular period are not necessarily indicative of the results of operations for any future period
Similarly, the industrial market has historically experienced cyclical fluctuations in demand that also could have a material adverse effect on our sales and operating results
Our businesses are adversely affected by economic downturns
As a supplier of capital equipment to a variety of industries, we are adversely affected by general economic downturns
Many of our customers, particularly in the industrial markets, will delay capital projects, including non-critical maintenance and upgrades, during economic downturns
Approximately 60prca of our sales are to customers outside the United States, and we are subject to special economic and political risks associated with international operations
Approximately 60prca of our fiscal 2006 sales were to customers outside the US, and we maintain manufacturing facilities in 14 non-US countries
Conducting business outside the US is subject to risks, including currency exchange rate fluctuations; changes in regional, political or economic conditions; trade protection measures, such as tariffs or import or export restrictions; subsidies or increased access to capital for firms who are currently, or may emerge, as competitors in countries in which we have operations; partial or total expropriation; unexpected changes in regulatory requirements; and international sentiment towards the US One or more of these factors could have a material adverse effect on our international operations
We must comply with a variety of import and export laws and regulations, and the cost of compliance as well as the consequences to properly comply with such laws could adversely affect our business
We are subject to a variety of laws regarding our international operations, including regulations issued by the US Customs Service, the Bureau of Export Administration and various foreign governmental agencies
We cannot predict the nature, scope or effect of future regulatory requirements to which our international manufacturing operations and trading practices might be subject or the manner in which existing laws might be administered or interpreted
Future regulations could limit the countries in which certain of our products may be manufactured or sold or could restrict our access to, and increase the cost of obtaining, products from foreign sources
In addition, actual or alleged violations of import-export laws could result in enforcement actions and financial penalties that could result in substantial costs
We face significant competition from a variety of competitors in our markets
In some markets, our competitors have substantially greater financial, marketing, personnel and other resources than we do
In addition, new competitors could enter our markets
Competitive pressures, including product quality, performance, price and service capabilities, and new technologies could adversely affect our competitive position, involving a loss of market share or decrease in prices, either of which could have a material adverse effect on our sales
The nature of our products creates the possibility of product liability lawsuits, which could harm our business
As a manufacturer of equipment and systems for use in various markets, we face an inherent risk of exposure to product liability claims
Although we maintain strict quality controls and procedures, we cannot be certain that our products will be completely free from defect
In addition, in certain cases, we rely on third-party manufacturers for components of our products
Although we have liability insurance coverage, we cannot be certain that this insurance coverage will continue to be available to us at a reasonable cost or will be adequate to cover any such liabilities
We generally seek to obtain contractual indemnification from our third-party suppliers, which is typically limited by its terms
In the event we do not have adequate insurance or contractual indemnification, product liabilities could have a material adverse effect on our business, financial condition or results of operations
Even if a product liability claim is without merit, it could harm our business
The results of operations could vary based on the availability and cost of our raw materials
The prices of our raw materials may increase
The costs of raw materials used by us are affected by fluctuations in the price of metals such as steel
Our ability to obtain parts and raw materials from our suppliers is uncertain
We are engaged in a continuous, company-wide effort to concentrate our purchases of parts and raw materials on fewer suppliers, and to obtain parts from low-cost countries where possible
As this effort progresses, we are exposed to an increased risk of disruptions to our supply chain, which could have a significant effect on our operating results
Our results of operations could vary as a result of the methods, estimates and judgments we use in applying our accounting policies
The methods, estimates and judgments we use in applying our accounting policies have a significant impact on our results of operations (see “Critical Accounting Estimates” in Part II, Item 7 of this Form 10-K)
Such methods, estimates and judgments are, by their nature, subject to substantial risks, uncertainties and assumptions, and factors may arise over time that lead us to change our methods, estimates and judgments
Changes in those methods, estimates and judgments could significantly affect our results of operations
In particular, beginning in our first quarter of fiscal 2006, the calculation of share-based compensation expense under SFAS Nodtta 123(R) required us to use valuation methodologies (which were not developed for use in valuing employee stock options) and a number of assumptions, estimates and conclusions regarding matters such as expected forfeitures, expected volatility of our share price, the expected dividend rate with respect to our common shares and the exercise behavior of our employees
Furthermore, there are no means, under applicable accounting principles, to compare and adjust our expense if and when we learn of additional information that may affect the estimates that we previously made, with the exception of changes in expected forfeitures of share-based awards
Factors may arise over time that lead us to change our estimates and assumptions with respect to future share-based compensation arrangements, resulting in variability in our share-based compensation expense over time
Changes in forecasted share-based compensation expense could impact our financial results
Any impairment in the value of our intangible assets, including goodwill, would negatively affect our operating results and total capitalization
Our total assets reflect substantial intangible assets, primarily goodwill
The goodwill results from our acquisitions, representing the excess of cost over the fair value of the net assets we have acquired
We assess at least annually whether there has been an impairment in the value of our intangible assets
If future operating performance at one or more of our business units were to fall significantly below current levels, if competing or alternative technologies emerge or if business valuations become more conservative, we could incur, under current applicable accounting rules, a non-cash charge to operating earnings for goodwill impairment
Any 5 _________________________________________________________________ [58]Table of Contents determination requiring the write-off of a significant portion of unamortized intangible assets would negatively affect our results of operations and total capitalization, the effect of which could be material
• Failure to realize the benefits of our restructuring program in our Process Solutions and Romaco segments, including the receipt of cash proceeds from the sale of excess facilities
• Work stoppages related to union negotiations
• Customer order cancellations
• The impact of Sarbanes-Oxley Section 404 procedures