The UPI (Unified Payment Interface) is the buzz word that indicates the direction the digital economy is taking. Macro- economic changes have spurred the growth in digital payments.
Digital payment in retail sector that stood at 40 per cent in 2021 is set to go up to 65 per cent by 2026. This changing trend was highlighted by Mr AR.Ramesh, CEO of Reliance Payment Solutions Ltd.,
He was delivering the chief guest address on “Digital Gateways—A Business Stimulant” at the National Management Day celebrations & Award ceremony organized by the Coimbatore Management Association (CMA) in Coimbatore. CMA president Mr R.Varadarajan gave an insight into the genesis and growth of the Association over the years.
CMA honoured
On the occasion, the CMA honoured successful Entrepreneurs, Managers and Management faculty with prestigious awards. The awardees are: CMA-DJ Professional Corporate Leader of the Year Award--Mr. Ramesh Babu Rangarajan, MD of Velan Valves India Pvt Ltd.,CMA-Roots Entrepreneur of the Year Award -- Mr. T. Sathish Kumar, CMD of Milky Mist Dairy Food Pvt Ltd.,CMA-Mahendra SME Entrepreneur of the Year Award -- Mr. M Ramakrishnan, MD of Thulasi Pharmacies India Pvt Ltd
CMA-GRG Woman Entrepreneur of the Year Award -- Mrs. Poongodi Balan, ED of Prithivi Inner Wears Pvt Ltd. CMA-Quadra Start-up of the Year Award-- Putchi. CMA-PSGIM GRD Management Faculty of the Year Award -- Dr P Thirumurthy, Professor, School of Management, Periyar University. CMA–STC Management Researcher of the Year Award -- Dr. D Susana, Associate Professor – PSG Institute of Management. CMA –Punniyavathi Ranganathan Award From Sandfits For Business Sustainability -- Krishnaveni Carbon Products Pvt Ltd, and CMA-RVS Digital Transformation in Business Award -- Janatics India Pvt Ltd.
CMA vice-president Dr Nithyanandan Devaraaj, Secretary Dr N.Raveendran, Treasurer Mr N.Krishnakumar and other office-bearers participated.