Thank you for replying. Good to know Airtel and BSB are separate enterprises. I went through the terms.
"Hike TOS:
hike may receive data whenever You connect with an application or site through hike (such as during status update, when You connect to other sites and in which case hike posts to these sites on Your behalf ). This may include date and time You visit the site, the web address, IP address information, browser and if You are logged into hike and Your authentication tokens used on such sites. Your authentication tokens may be saved on the server for the sole purpose of seamless posting to the same site by You in the future through hike.
We may share non-personally-identifiable information (such as anonymous user usage data, referring / exit pages and URLs, platform types, asset views, number of clicks, etc.) with third-parties to better understand usage patterns for certain content, services, advertisements, promotions, and/or functionality related to hike application."
So you store "authentication tokens", and maybe FB and Google+, twitter data interactions....I think you are aiming for this goldmine, since normally this data through Airtel's network will be encrypted. Pardon my skeptic viewpoint, but it looks you are not aiming for directly monetizing this app itself but are building a satellite platform based upon this app.