One of India's biggest companies says, don't worry, we can handle our debts.

Hello, this is the Marketplace Morning Report, and we're live from the BBC World Service.

I'm Leanna Byrne. Good morning.

The company owned by the Indian billionaire Guatom Adani says they're in good shape to handle their debts, despite some serious challenges.

Adani has been in the spotlight after US authorities charged him

and seven others with bribery last week. They deny those charges. In a market report, the Adani group

says they've got $6.3 billion in cash on hand, enough to cover their debt payments for the next two

years and change. The BBC's Archina Shokla has been following this one. Hello.

Hey, how are you? So let's start with the big picture. Who is Gotam Adani? And why has this company been in the spotlight lately?

It is one of the largest conglomerates, the Adani group. You know, their businesses span across power, coal, infrastructure, airports, boards, and over $145 billion in market valuation.

And just to give you a sense, they are the largest private power operator in the country.

They own nearly all the private seaports and manage about eight airports in India, including

the financial capital of Mumbai.

Gotham Madani, who's the founder of this company, is the second richest Asian.

And in fact, he's an influential businessman who's seen to have close ties with the country's

Prime Minister Narendra Modi.

And we've seen over the last decade the meteoric rise of the Adani group has somewhere

paralleled the big economic and policy pushed by Prime Minister

Narindra Modi. So the latest that we've heard from Adani Group is that it says it has

6.3 billion dollars in cash reserves to cover the debt for the next two years. Why does it have

so much debt? And where is that money coming from? Adani Group has raised a lot of debt and loans over the past couple of years. So the growth of Adani

Group has largely been fueled by large scale external debt that the company has been raising. So whether it is

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