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Declan Byrne

Corporate Affairs Reporter

1535 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

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 👁 34 💬 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 👁 49 💬 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 👁 46 💬 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 👁 45 💬 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 👁 61 💬 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 👁 37 💬 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 👁 43 💬 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 👁 41 💬 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 👁 51 💬 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 👁 42 💬 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 👁 39 💬 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 👁 41 💬 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 👁 38 💬 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 👁 39 💬 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 👁 36 💬 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 👁 43 💬 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 👁 40 💬 0
Juniper Green Energy IPO Subscribed 40% on Day 2; Retail Interest Lags, GMP at 4%
Companies

Juniper Green Energy IPO Subscribed 40% on Day 2; Retail Interest Lags, GMP at 4%

The ₹1,800 crore IPO of Juniper Green Energy saw 40% overall subscription by mid-morning on Day 2, driven entirely by in...

Declan Byrne 👁 41 💬 0
Stronger IT Hiring Ahead as Enterprise AI Build-Out Gains Pace, Says Quess CEO
Companies

Stronger IT Hiring Ahead as Enterprise AI Build-Out Gains Pace, Says Quess CEO

Quess Corp expects IT hiring to pick up in Q2, driven by enterprise AI investments and GCC expansion, even as large IT s...

Declan Byrne 👁 42 💬 0
Waaree Energies Eyes H2 Recovery on Cell Ramp, Nomura Keeps Buy, Cuts Target
Companies

Waaree Energies Eyes H2 Recovery on Cell Ramp, Nomura Keeps Buy, Cuts Target

Nomura maintains Buy rating on Waaree Energies, lowering target to Rs3,740, as the solar module maker expects a second-h...

Declan Byrne 👁 40 💬 0
Bajaj Finance Hits Record High After Q1 Profit Beat; Analysts Split on Fresh Entry
Companies

Bajaj Finance Hits Record High After Q1 Profit Beat; Analysts Split on Fresh Entry

Bajaj Finance shares surged 9% to a fresh 52-week high after consolidated net profit rose 28% to Rs 6,081 crore, beating...

Declan Byrne 👁 42 💬 0
SEBI Urged to Mandate Broader Disclosures on Forensic Audits and CEO Appointments
Companies

SEBI Urged to Mandate Broader Disclosures on Forensic Audits and CEO Appointments

A columnist argues that India’s market regulator must tighten listing rules to compel companies to disclose forensic aud...

Declan Byrne 👁 37 💬 0
Advisers Back Scale for Workplace Pension Providers But Remain Sceptical on Member Gains
Companies

Advisers Back Scale for Workplace Pension Providers But Remain Sceptical on Member Gains

A People’s Pension survey shows 51% of advisers see scale as a key differentiator, yet only 9% believe it directly impro...

Declan Byrne 👁 34 💬 0
Investcorp Capital Annual Profit Falls 46% as Second-Half Slump Deepens
Companies

Investcorp Capital Annual Profit Falls 46% as Second-Half Slump Deepens

Abu Dhabi-listed firm books $44m profit for year to June 2026, down from $81m, as board recommends interim cash dividend...

Declan Byrne 👁 46 💬 0
Crédit Agricole Beats Forecasts as Regional Banks and Insurance Unit Drive 7.8% Profit Jump
Companies

Crédit Agricole Beats Forecasts as Regional Banks and Insurance Unit Drive 7.8% Profit Jump

French lender’s Q2 net income rises to €2.7 billion, with a record insurance quarter offsetting the impact of last year’...

Declan Byrne 👁 43 💬 0
French Managers Now Take Longer Sick Leave Than Other Staff, AXA Study Finds
Companies

French Managers Now Take Longer Sick Leave Than Other Staff, AXA Study Finds

For the first time, French cadres spent more days on sick leave in 2025 than non-managers, driven by psychological disor...

Declan Byrne 👁 50 💬 0
Engie Lifts 2026 Profit Outlook as Gas and Electrification Power Strong First Half
Companies

Engie Lifts 2026 Profit Outlook as Gas and Electrification Power Strong First Half

French energy giant Engie raised full-year earnings guidance after net profit jumped 13.7% in the first half, buoyed by ...

Declan Byrne 👁 57 💬 0
Congo Brands Australia collapses with $8m debt, leaving creditors and staff in the lurch
Companies

Congo Brands Australia collapses with $8m debt, leaving creditors and staff in the lurch

The Australian distributor of Prime energy and Lunchly has entered administration owing over $8 million, with no rescue ...

Declan Byrne 👁 40 💬 0
Solocal Group Eyes AI-Powered Local Media Pivot After Turnaround
Companies

Solocal Group Eyes AI-Powered Local Media Pivot After Turnaround

CEO Maurice Lévy announced the digital services firm’s accounts have recovered and unveiled plans to reposition as an AI...

Declan Byrne 👁 43 💬 0
Latécoère Joins Hynaero to Build Europe's Largest Firefighting Plane, Challenging Canadair Dominance
Companies

Latécoère Joins Hynaero to Build Europe's Largest Firefighting Plane, Challenging Canadair Dominance

French aerospace supplier Latécoère has partnered with start-up Hynaero on the Fregate-F100 amphibious water bomber, tar...

Declan Byrne 👁 43 💬 0