Yes, updates are moving fast, could be both.
All Twitter updates for mumbai: http://search.twitter.com/search?q=%23Mumbai
All Twitter updates from people located within 15 miles of Mumbai: http://search.twitter.com/search?ands=mumbai&from=&geocode=19.017656%2C72.856178%2C15mi&lang=all&near=mumbai¬s=&ors=&phrase=&q=&ref=&rpp=50&since=&tag=&to=&units=mi&until=&within=15
Bump to find later
From Twitter:
ONE MINUTE AGO
5-9 Terrorists still in the Taj with hostages.
3-5 terrorists at the Trident with Hostages.
Per Dir Corp Comm, Oberoi Hotels - CONFIRMED HOSTAGE SITUATION
This is far, FAR from over yet.