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Purpose: This study examines the performance effect of working capital for a large sample of Indian manufacturing firms in light of supply chain disruption, i.e. the COVID-19 pandemic. Design/methodology/approach: This study is based on secondary data collected from the Prowess database on Indian manufacturing firms listed on the Bombay Stock Exchange (BSE) 500. Panel data regression analyses are used to estimate all models. Moreover, this study has employed robust standard errors to consider for heteroscedasticity concerns. Findings: The results challenge the current notion of working capital investment and reveal that higher working capital has a positive and significant impact on firm performance. Further, it highlights that Indian manufacturing firms suffered financially post-COVID-19 as they significantly lack the working capital to run day-to-day operations. Originality/value: This research contributes to the scant literature by examining the association between working capital financing and firm performance in light of the COVID-19 pandemic, representing typical developing economies like India. [ABSTRACT FROM AUTHOR]

Biofouling is the result of a biological process that is the accumulation of micro- and macro-organisms on the surfaces of the ship which causes serious environmental problems. The consequence of biofouling includes modifying the hydrodynamic response, affecting heat exchange, can make structures heavier, accelerate or generating corrosion, biodegradation, increasing the fatigue of certain materials, and blocking mechanical functions. It causes severe problems for the objects in the water such as ships and buoys. Also, its impact on shellfish and other aquaculture was sometimes devastating. The main scope of this study is to review the currently available biocides from biological agents for marine submerged foulants and marine foulers that are present around the coastal areas of Tamil Nadu. Biological anti-fouling methods are preferred than that of the chemical and physical anti-fouling methods as it have some toxic effects on the non targeted marine biodiversity. This study focuses on the marine foulers that are present around the coastal areas of Tamil Nadu which will be helpful for the researchers to discover the suitable anti-foulers from a biological source, which will be very useful to protect the marine ecosystem and marine economy. A total of 182 antifouling compounds from marine biological sources were discovered. The marine microbes, Penicillium sp. and Pseudoalteromonas issachenkonii, were reported to possess EC 50 . The survey results obtained from this study show that Chennai coastal region has a lot of barnacles, and 8 different species were present in Pondicherry region., (© 2023. The Author(s), under exclusive licence to Springer Science+Business Media, LLC, part of Springer Nature.)