Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments. 

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Today's top seven corporate news:  

1. Andhra Bank's board okays raising Rs 1,000 crore via bonds 

2. Aurobindo Pharma gets USFDA approval for Sustiva's generic 

3. S&P downgrades Rolta's rating to 'D' 

4. Apollo Hospitals ties up with Chinese company to open a hospital in Hainan province 

5. Federal Bank's board to meet today and discuss fund raising via NCDs

6. Yes Bank to raise $100 crore funds via QIP 

7. Kesar Terminal's board to decide on issuance of bonus shares on June 24