Associate company of psu

Manish Tripathi (Querist) 11 December 2021 This query is : Resolved
Whether HITPA is a PSU or a Private Company?
HITPA is a JV of 4 PSU, each PSU having 23.67% stake and 5% in GIC.
It is an Associate Company of National Insurance, New India Assurance, Oriental Insurance, United India insurance and GIC.
It's audit is conducted by statutory auditors apponits by CAG.

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P. Venu (Expert) 11 December 2021
What is the context for this query?

kavksatyanarayana (Expert) 11 December 2021
Yes. What is your problem? I think Health Insurance Third Party Agency is an agent for the companies of NI, NIA, OI, UII, and GIC.