Sancho
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Times now is no reliable source and the numbers are odd as well, too many for 1 squad, not enough for 2 squads.I am just guessing, but since the GoI wants the IAF to consider buying the F-18 as a common fighter for both IAF and IN (same for the Rafale), the Russians might have offered the MiG 29K as a common fighter for both IAF and IN. Not gonna happen, but that hasn't stopped the Russkies before.
The Russians wouldn't offer the K, but the AF version which is the base for the K, for example similar to Egyptian AF Mig 29s.
But it would be silly to buy new Migs (unless they include indigenous engine and radar options), especially if we can simply divert INs Ks to IAF in a faster way if we wanted.