A fifth of Jet’s fleet grounded, Indians corner bulk of UK work visas, and more top news

The news professionals are talking about now, curated by LinkedIn’s editors. Join the conversation on today's stories in the comments.

Jet Airways has grounded two more aircraft due to non-payment to lessors, PTI reports, citing a stock-exchange filing by the company. That takes the total number of planes pulled out by the airline to 23, nearly a fifth of its fleet. Over the last five days, the beleaguered carrier has taken as many as 18 aircraft out of service due to a shortage of spares and outstanding dues. But a resolution to the crisis could be in sight with chairman Naresh Goyal reportedly agreeing to step down from the airline’s board. Here's what people are saying.

Indian professionals, including doctors and techies, accounted for 54% of all skilled work visas issued by the UK in 2018, according to official data. The number of student visas granted to Indians also rose a steep 35% to 19,500. Net migration to the UK from non-EU countries has hit a 15-year high while that from EU nations has slumped 70% since the Brexit vote. Earlier this year, a White Paper tabled in the British Parliament proposed the removal of cap on highly skilled migrants from anywhere in the world. Here's what people are saying.

Nearly 97,000 data science and analytics positions are vacant due to a dearth of talent, a study by ed-tech firm Great Learning shows. This is up 45% from last year, suggesting rapid adoption of analytics and data-based decision-making by companies. Last year, a report by predictive hiring startup Belong said the demand for data science professionals had risen by more than 400% across sectors. The shortage of new-age tech talent is also driving up costs at IT firms as they pay top dollar to hire sub-contractors. Here's what people are saying.

Tata Sons has rejigged operations under 10 verticals and will appoint a representative to helm each unit, Economic Times reports, quoting sources it didn’t identify. The verticals – such as IT, automotive, infrastructure, and financial services – are a “work in progress” and may take time to be carved out, a Tata executive said. Market experts say the strategy would improve efficiency as similar businesses would gain from a vertical’s collective wisdom. The Tatas spent over ?70,000 crore on reducing debt and restructuring companies last year. Here's what people are saying.

ShareChat and Razorpay are in talks to raise funds to take on rivals and bolster their presence. Bengaluru-based ShareChat, which offers regional language video and picture sharing, is in initial talks with China’s Tencent Holdings to raise up to $200 million, Mint reports. A deal could value the company at $600-700 million and help it compete against ByteDance's Helo and TikTok. Meanwhile, Razorpay is in talks with Sequoia Capital and others to raise up to $100 million at a $425-450 million valuation. Times of India quotes unidentified sources as saying the funds would be used to expand the company's new businesses that aim to provide full-stack services to merchants. 

Idea of the Day: When pursuing new opportunities “one shouldn’t be just bound by what is asked of you,” HSBC’s Sue Anne Tay tells LinkedIn.

“But to always think about what you can do more and how you can do it better.”

— Abhigyan Chand and Mandar M Bakre/Share this using #DailyRundown

Responses to Friday’s Rundown were dominated by comments lauding the government’s EV push. Top Commenter Abhinav Singh listed three factors that could inhibit adoption: upfront costs, charging infrastructure and consumer psyche. Join the conversation here.