We have identified in the 2MASS database 693 known and candidate globular clusters in M 31. The 2MASS $J,~H,~K$ magnitudes of these objects have been transformed to the same homogeneous photometric system of existing near infrared photometry of M 31 globulars, finally yielding $J,~H,~K$ integrated photometry for 279 confirmed M 31 clusters, 406 unconfirmed candidates and 8 objects with controversial classification. Of these objects 529 lacked any previous estimate of their near infrared magnitudes. The newly assembled near infrared dataset has been implemented into a revised version of the Bologna Catalogue of M 31 globulars, with updated optical (UBVRI) photometry taken, when possible, from the most recent sources of CCD photometry available in the literature and transformed to a common photometric system. The final Revised Bologna Catalogue (available in electronic form) is the most comprehensive list presently available of confirmed and candidate M 31 globular clusters, with a total of 1164 entries. In particular, it includes 337 confirmed GCs, 688 GC candidates, 10 objects with controversial classification, 70 confirmed galaxies, 55 confirmed stars, and 4 H ii regions lying within ~$3\degr$ from the center of the M 31 galaxy. Using the newly assembled database we show that the $V-K$ color provides a powerful tool to discriminate between M 31 clusters and background galaxies, and we identify a sample of 83 globular cluster candidates, which is not likely to be contaminated by misclassified galaxies.