LIC IPO will be India’s biggest ever initial public offering from which the government is aiming to raise up to ?900 billion, but India is mulling how to prevent Chinese investors from taking part. The Centre is considering allowing foreign institutional investors to buy up to 20% of Life Insurance Corporation’s initial public offering, but Chinese investors will be prevented from buying shares, Reuters reported. The IPO listing will be India’s biggest-ever initial public offering from which the government is aiming to raise up to ?900 billion. Given the political tension on the border, India thinks it can’t be business…