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Declan Byrne

Corporate Affairs Reporter

1428 Articles

About Declan

Declan covers the corporate beat: earnings seasons, mergers and acquisitions, boardroom changes and restructurings. He reads the filings so readers don't have to, and prefers the footnotes to the press release. His test for a company story is simple: what changed, for whom, and does the money agree.

Areas of Expertise

Earnings M&A corporate strategy governance

Latest Articles

Holcim Lifts 2026 Outlook After First-Half Beat, Organic Growth Defies Currency Headwinds
Companies

Holcim Lifts 2026 Outlook After First-Half Beat, Organic Growth Defies Currency Headwinds

Holcim reported better-than-expected half-year results, driven by a 5.2% rise in organic revenue, and raised its full-ye...

Declan Byrne 👁 28 💬 0
AXA Says French Wildfires Won’t Derail 2026 Profit Forecast as H1 Earnings Rise
Companies

AXA Says French Wildfires Won’t Derail 2026 Profit Forecast as H1 Earnings Rise

French insurer AXA reports H1 operating profit up 2% to €4.5bn, lifts net income 6% to €4.2bn, and reaffirms 8% EPS grow...

Declan Byrne 👁 32 💬 0
Sony Raises Profit Outlook on PlayStation Strength, But Shares Dip
Companies

Sony Raises Profit Outlook on PlayStation Strength, But Shares Dip

Sony lifted its full-year operating profit forecast to ¥1.72tn after a strong Q1 driven by gaming, a weak yen and US tar...

Declan Byrne 👁 31 💬 0
Amazon Crushes Q2 Estimates, Raises AI Capex to $220 Billion as AWS Surges
Companies

Amazon Crushes Q2 Estimates, Raises AI Capex to $220 Billion as AWS Surges

EPS of $5.75 vs. $1.82 expected and AWS growth of 37% powered a blockbuster quarter. CEO Andy Jassy says even $220 billi...

Declan Byrne 👁 37 💬 0
India’s Premium Boom Defies War Gloom as Festive Shopping Kicks Off
Companies

India’s Premium Boom Defies War Gloom as Festive Shopping Kicks Off

Despite the US-Iran war stirring supply-chain chaos and inflation jitters, India’s festive season is shaping up as a sho...

Declan Byrne 👁 27 💬 0
Capital Group Takes 1.49% IIFL Finance Stake as Fairfax Partially Exits via Rs 374 Crore Block Deal
Companies

Capital Group Takes 1.49% IIFL Finance Stake as Fairfax Partially Exits via Rs 374 Crore Block Deal

US asset manager Capital Group purchased a 1.49% stake in NBFC IIFL Finance from Fairfax India's affiliate for Rs 374 cr...

Declan Byrne 👁 27 💬 0
Thermax Slumps 16% After 86% Profit Drop, Warns of Weak Quarters Ahead
Companies

Thermax Slumps 16% After 86% Profit Drop, Warns of Weak Quarters Ahead

Thermax shares fell sharply as Q1 profit plunged on a one-time cost overrun, and the company flagged weak demand, rising...

Declan Byrne 👁 32 💬 0
Redington Q1 Profit Surges 77%, Stock Hits 52-Week High on Record Revenue
Companies

Redington Q1 Profit Surges 77%, Stock Hits 52-Week High on Record Revenue

Redington reported its highest-ever quarterly revenue of ₹34,922 crore and a 77% jump in net profit to ₹486 crore, drive...

Declan Byrne 👁 27 💬 0
L&T Energy Onshore seals six-year EPC framework deal with Oman's PDO
Companies

L&T Energy Onshore seals six-year EPC framework deal with Oman's PDO

The Indian engineering giant becomes one of four selected contractors for Petroleum Development Oman's upcoming projects...

Declan Byrne 👁 28 💬 0
Mulla, Naik and Mandevia Form MNM Partners Alliance for Real Estate and Infrastructure Law
Companies

Mulla, Naik and Mandevia Form MNM Partners Alliance for Real Estate and Infrastructure Law

Three veteran Indian law firms join forces in a strategic alliance to capture growing demand for legal services in India...

Declan Byrne 👁 30 💬 0
FIFA Presses Ahead With $20 Billion Investment Plan as UEFA Threatens Boycott
Companies

FIFA Presses Ahead With $20 Billion Investment Plan as UEFA Threatens Boycott

FIFA will continue consultations on a plan to create a $20 billion subsidiary and sell a stake to private investors, des...

Declan Byrne 👁 28 💬 0
Santander Offers €1.9 Billion to Buy Out Minority Stake in Brazilian Unit
Companies

Santander Offers €1.9 Billion to Buy Out Minority Stake in Brazilian Unit

Santander has launched a €1.9bn share-swap offer for the 10% it does not already own of Santander Brasil, offering a 15%...

Declan Byrne 👁 45 💬 0
Meliá Nets €4.1M After €79.4M Cuba Provision, Underlying Profit Hits €83.5M
Companies

Meliá Nets €4.1M After €79.4M Cuba Provision, Underlying Profit Hits €83.5M

Meliá Hotels International reported first-half revenue above €1 billion, but a €79.4 million provision for its exit from...

Declan Byrne 👁 27 💬 0
BP Puts North Sea Business on the Market, Begins Search for Buyer
Companies

BP Puts North Sea Business on the Market, Begins Search for Buyer

BP has started marketing its North Sea oil and gas operations for a potential sale, part of its portfolio overhaul to fo...

Declan Byrne 👁 25 💬 0
Tesla Considers Exiting China Amid SpaceX Merger Talks, WSJ Reports
Companies

Tesla Considers Exiting China Amid SpaceX Merger Talks, WSJ Reports

Tesla is exploring a sale or spin-off of its China business, its second-largest market, to avoid conflicts with defense ...

Declan Byrne 👁 34 💬 0
Zuckerberg's Wealth Drops $18 Billion as Meta Shares Slide on AI Spending Worries
Companies

Zuckerberg's Wealth Drops $18 Billion as Meta Shares Slide on AI Spending Worries

Meta's stock fell 21.7% in 11 days after second-quarter earnings missed estimates and the company raised spending foreca...

Declan Byrne 👁 33 💬 0
CONCACAF Rejects FIFA's Investor Plan Unanimously, Joining UEFA Boycott Threat
Companies

CONCACAF Rejects FIFA's Investor Plan Unanimously, Joining UEFA Boycott Threat

The confederation's 41 members voted no, while Asia's football chief called the scheme 'unacceptable.' Three-continent o...

Declan Byrne 👁 28 💬 0
Leopold Aschenbrenner’s $45B AI Hedge Fund Collapses After Leveraged Bets Backfire
Companies

Leopold Aschenbrenner’s $45B AI Hedge Fund Collapses After Leveraged Bets Backfire

Former OpenAI researcher Leopold Aschenbrenner’s Situational Awareness fund, once up 400% on AI stocks, is unwinding lar...

Declan Byrne 👁 49 💬 0
Swiggy Shares Slide 5% as Q1 Revenue Misses Food Delivery Expectations, Analysts Cut Targets
Companies

Swiggy Shares Slide 5% as Q1 Revenue Misses Food Delivery Expectations, Analysts Cut Targets

Swiggy's stock fell after brokerages downgraded the company on below-par food delivery GOV growth and rising expenses, e...

Declan Byrne 👁 26 💬 0
Tata Steel Q1 Earnings Beat Estimates as India Volumes, Prices Offset Cost Pressure
Companies

Tata Steel Q1 Earnings Beat Estimates as India Volumes, Prices Offset Cost Pressure

Consolidated net profit rose 11.6% to ₹2,318 crore, surpassing street views and sending shares up 2.2%. Higher domestic ...

Declan Byrne 👁 27 💬 0
Max Healthcare Shares Fall 2.6% Despite 34% Profit Growth in FY26
Companies

Max Healthcare Shares Fall 2.6% Despite 34% Profit Growth in FY26

Max Healthcare Institute stock fell 2.62% to Rs 1,095.30 on Friday even as the company reported a 34% jump in annual pro...

Declan Byrne 👁 30 💬 0
Waaree Energies Unveils Rs 30,000 Crore Expansion Plan, Shifts US Production to Dodge Tariffs
Companies

Waaree Energies Unveils Rs 30,000 Crore Expansion Plan, Shifts US Production to Dodge Tariffs

Waaree Energies plans Rs 30,000 cr capex over 2-3 years, with FY27 spend at Rs 9,000 cr. It is shifting US production lo...

Declan Byrne 👁 31 💬 0
Bajaj Finserv Q1 Profit Jumps 18% on Strong Lending, Plans Reinsurance Foray
Companies

Bajaj Finserv Q1 Profit Jumps 18% on Strong Lending, Plans Reinsurance Foray

Net profit rose to Rs 6,297 crore on higher interest income; board approves subsidiary for reinsurance business, subject...

Declan Byrne 👁 30 💬 0
Manipal Health IPO Sees 50% Subscription on Final Day; Brokerages Eye Long-Term Potential
Companies

Manipal Health IPO Sees 50% Subscription on Final Day; Brokerages Eye Long-Term Potential

The Rs 9,275-crore IPO of Manipal Health Enterprises drew a subdued response, with 50% subscription by late morning on J...

Declan Byrne 👁 29 💬 0
India's Family Offices Embrace Profit-Sharing to Win Talent War
Companies

India's Family Offices Embrace Profit-Sharing to Win Talent War

Billionaire family offices including Premji and Mariwala are adopting carried interest to attract investment professiona...

Declan Byrne 👁 25 💬 0
Zee Music Company Secures Music Rights to Chiranjeevi, Yash and Dulquer Salmaan Films
Companies

Zee Music Company Secures Music Rights to Chiranjeevi, Yash and Dulquer Salmaan Films

Zee Music Company expands its multilingual catalogue with music rights to major upcoming South Indian films starring Chi...

Declan Byrne 👁 26 💬 0
Adani Ports Q1 profit jumps 27% as lower costs boost margins; shares rally
Companies

Adani Ports Q1 profit jumps 27% as lower costs boost margins; shares rally

Adani Ports reported a strong start to FY27 with net profit up 27% over the March quarter, driven by cost discipline and...

Declan Byrne 👁 26 💬 0
APL Apollo Tubes Shares Fall 2.33% to Rs 1,849 Ahead of Q1 Results
Companies

APL Apollo Tubes Shares Fall 2.33% to Rs 1,849 Ahead of Q1 Results

The stock dipped ahead of its August 1 board meeting to consider Q1 FY27 results, even as the company's multi-year finan...

Declan Byrne 👁 26 💬 0
FIFA’s $4.2 Billion Spinoff Gamble Tests Infantino’s Grip on Football
Companies

FIFA’s $4.2 Billion Spinoff Gamble Tests Infantino’s Grip on Football

FIFA pushes ahead with a plan to spin off commercial rights into a new entity, raising up to $4.2 billion, despite boyco...

Declan Byrne 👁 31 💬 0
MV Electrosystems IPO Subscribed 4.5x on Day 2; Retail Portion Booked 14.2 Times Amid Grey Market Frenzy
Companies

MV Electrosystems IPO Subscribed 4.5x on Day 2; Retail Portion Booked 14.2 Times Amid Grey Market Frenzy

The railway equipment maker’s ₹290 crore IPO drew heavy retail demand even as its FY26 financials show a net loss of ₹12...

Declan Byrne 👁 29 💬 0