The Retail segment delivered strong revenue growth 46% in Q3 FY26 compared to the same period in the previous financial year, accounting for 83.2% of total revenue. The growth was primarily driven by strong festive and wedding season demand.
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The Board of Directors of HRD Antwerp, a subsidiary of the Antwerp World Diamond Centre (AWDC), has appointed Paul De Wachter as its new CEO. Bringing over twenty years of experience and a proven track record in the international diamond industry, De Wachter is to take charge as CEO from January 5, 2026. As CEO, he is tasked with strengthening HRD’s position as a reliable partner for the international diamond trade and leading the organisation through a period of significant transformation.
Sriram ‘Ram’ Natarajan, previously managing director of GIA India Laboratory Private Limited (GIA India), has been appointed to a new role as senior vice president of laboratory operations for the Gemological Institute of America, Inc. (GIA). He began his new responsibilities in early August, based at GIA’s world headquarters in Carlsbad, California, U.S., reporting to GIA President and CEO Pritesh Patel
The Board of Governors of the Gemological Institute of America, Inc. (GIA) has named Pritesh Patel, currently GIA’s Chief Operating Officer, as the Institute’s President and Chief Executive Officer, effective August 4, 2025. Patel succeeds Susan M. Jacques, GIA’s President and CEO since 2014, who will continue at GIA as a strategic advisor until her retirement at the end of 2025
