Wednesday, February 8, 2012

Investment News and Commentary from Emerging Markets in Asia - China, India and ASEAN





About 2point6billion.com

2point6billion.com discusses investment news and events from the emerging markets of Asia - including India, China and the ASEAN countries. It is produced by the Asian foreign direct business advisors at Dezan Shira & Associates from their offices across emerging Asia.




Terrorists attack Mumbai

  • UPDATE: 1pm (IST)
  • - Nine foreigners; 14 policemen among 101 dead; 287 injured.
  • -  Five terrorists killed; one captured; three escaped.
  • - Terrorists apparently came from Karachi by boat; Pakistani national caught.
  • - About 20 Terrorists still holding people hostage at various points in South Mumbai.
  • - An e-mail was sent from a Lashkar e Toiba account in Russia.
  • -Commandos search and rescue hostage from the Taj and Oberoi Hotel.
  • - 5-6 Terrorists still loose on Mumbai streets.
  • - 800 Army personnel on Mumbai streets.
  • - NSE, BSE stock exchanges closed today.
  • - Limited trains and bus services throughout the city.
  • - Global leaders condemn attacks.

India’s commercial capital, Mumbai has been attacked by terrorists who took control of the city since 10pm local time last night. Said to have come by road and sea, an unknown group called the Deccan Mujahideen have claimed responsibility for the attack, however it is yet to be ascertained as to which terrorist group these people belong to.

The terrorists are said to have focused their attack on Mumbai’s landmarks, hotels major tourist sites, hospitals, Mumbai’s largest railway station and the Municipal Corporation headquarters have all been attacked primarily targeting western tourists. Latest reports state that 100 people have been killed and 900 people hurt in 10 terrorist attacks across the city.

The terrorists who look like young boys carrying AK-47 rifle’s have already killed chief of the anti-terror squad Hemant Karkare, Mumbai’s additional commissioner of police (east) Ashok Kamte and encounter specialist Vijay Salaskar.

About 400 personnel each of India’s army, navy and national security guard have all been called to aid the Mumbai police control the situation. Although the streets of Mumbai are empty, the situation now seems to be under control. With daylight breaking in Mumbai soon, the police are confident that they will be able to defeat the terrorists.

Mumbai city which usually prides itself as the city which never sleeps on Wednesday night wore a desolate look. Policemen and national guards were present on the streets which are generally crowded with people out to have a good time.  Security has been heightened in all major cities. Schools, universities, offices and both stock exchanges – the NSE and BSE – are shut.

Visit these news websites for current, updated information: NDTV, Times of India, Hindustan Times.

This entry was posted in Business. Bookmark the permalink.

Comments are closed.



Dezan Shira & Associates provide a range of services for companies looking to undertake foreign direct investment into Asia, These include corporate establishment, accounting, tax, payroll, audit and due diligence. To learn more about the firm, please contact one of our specialists at china@dezshira.com, download our corporate brochure or visit at us www.dezshira.com


Dezan Shira & Associates, Twenty years of Excellence

The Asia Briefing Bookstore

Our best selling legal, financial, tax and regional guides to Asia business, industry reports and more…
Click here to view all titles now

China Briefing Book Store China Briefing Book Store China Briefing Book Store China Briefing Book Store China Briefing Book Store China Briefing Book Store China Briefing Book Store China Briefing Book Store China Briefing Book Store

NOW AVAILABLE IN PDF