Only 1.5% of total proposals put forth by listed companies have been opposed by mutual funds in 2012-13 even as Sebi has been asking fund houses to exercise their voting rights and act as 'guardians for small investors'. The data suggests that mutual funds are still a passive investor and are "largely indifferent" towards the corporate governance practices of investee company, according a report by InGovern Research Services based on proxy voting disclosures. Out of the total 28,290 resolutions Read more [...]

PHOTO GALLERY:  Small houses get modern lookEvery home buyer, regardless of the size or price of the house in question, wants two things -- good location and good value.Sarasota's close-in subdivisions offer both -- relatively low prices and a commute to downtown of 10 minutes or less. The trade-off is that these houses, in such subdivisions as Gillespie Park, Paver Park, Terrace Gardens or Ringling Park, tend to be small, and many of them have not been updated. Some need a lot of work.The 1955 Read more [...]

Mr. Burnside is a real estate broker with Brown Harris Stevens, and he was out for a spin with a reporter to show off a lavish property he has listed for $13.9 million, on a street called Hedges Lane, less than a mile from the ocean. There was only one problem. “I don’t know why I can’t find it,” Mr. Burnside said into his headset. “You can’t miss it,” he continued. “Let’s see.” Mr. Burnside sells homes in the Hamptons, a slice of Long Island Read more [...]

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