Spectral Properties of Black Holes in Gamma Rays

Black holes are the most compact objects in the universe. Therefore, matter accreting onto is likely to radiate photons of energy comparable to very high gravitational potential energy. We discuss the nature of the emitted radiation in X-rays and gamma-rays from black hole candidates. We present theoretical solutions which comprise both Keplerian and sub-Keplerian components and suggest that shocks in accretion and outflows