There’s a new service in town known as mGinger which pays you to receive SMS adverts. Currently mGinger is in Beta (as many Web 2.0 ventures are) and serves only to Indian citizens. Each SMS received will credit 20 paise ($0.05) in your account. In short, you’ll need to receive 1500 messages to reach the minimum payout which comes to 150 days assuming you get 10 messages everyday. I decided to give it a try a week before but am still to receive any ads.
Try the service here and if you find any success do let others know by posting it in the comments section. And yea, no referrals please.