Last night I was watching the news three hours after the start of the attacks, apparently by a group called "Deccan Mujahideen", who sent messages to the media claiming responsibility for the attacks. When watching a bit later last night, there were about 80 confirmed dead and 200+ injured, and many people had been taken hostage in the two 5 star hotels, as far as I know, as well as some bombs going off and something happening at the train station. I woke up about 8 hours later, and the news said that many were still being held hostage. If I remember correctly, the news said that 7 British had been killed. It was also said that the head of the anti-terror was killed.
One guy on the news last night also said "they wanted to know if anybody had an American or British passport, if you had one, they wanted to know", so I presume he was in the situation and escaped the horror somehow. I also heard another man on there saying about how there were about forty of them being told to go onto the roof, and as they were walking up he managed to get into a room without being seen by the gunmen, but it was so smoke-filled they had to go back down the stairs, and thankfully didn't see any more of the terrorists, so they broke a window near the lower floors and escaped.
I've just done a quick search and found
this, which states that the toll of deaths is now over 125, and that there has been more firing in one of the hotels, and the Army are entering another.
Just found another site which says 287 people are wounded.
EDIT: For anybody interested, I found the guy who was talking about it. This isn't the guy who escaped by the way I described, this is the guy about the passports. Here is the link:
http://uk.youtube.com/watch?v=6UH1Q0N21T4