Is there any provision in iOS wherein the referral parameters used to start the iTunes application are passed on to the application on its first run?
For example in Android, if I use a link such as http://market.an......com.company.pany&referrer=heythere to download an app on Android and actually install the app, the Market app passes the "referrer" parameter and its value to the app on its first run, which the app can use to any extent.
Is there a similar provision in iOS?
No, there is no such thing on iOS. But you can and should file a feature request at bugreport.apple.com, if you really need this feature.