No, mostly they have M16 variations, .22 versus .30 cal for the M14. (.223, standard Nato round, in any M16 is about par with 7.62 & Kalashnikov - either can defeat typical body armor - .308 would blow through it just as the British .303 would do.)
TV coverage also showed some Sterling SMG's, follow on the the WW2 Sten gun and a pretty handy precursor to all the little black guns we see today.
Indian arsenal (Dum-Dum?) did a lot of work repairing and modifying the British SMLE (Enfield) bolt rifle - I have one with Indian assigned mark/number designations that 'experts' keep telling me is a totally different weapon. (anyone out there with late SMLE wood for any Number 5 that isn't a Jungle Carbine - Freepmail me at once.)
All considered, the Bombay police looked pretty lame but we don't know how they'd been briefed on large scale hostage situations. Regardless of all the tension in the region, I doubt that India expected an attempt at another 9/11.
“TV coverage also showed some Sterling SMG’s, follow on the the WW2 Sten gun and a pretty handy precursor to all the little black guns we see today.”
The SAS communications guys were carrying Stens in the eighties, was that ever a good weapon?