The duo made the men's doubles semi-finals at Wimbledon and the final of the US Open in the same season.
It was a smooth performance from Sindhu as she was hardly tested by the Taiwanese qualifier
Rankireddy and Shetty, who had arrived in Madrid after winning the Swiss Open Super 300 last week, retired from their first-round match
World number one Jannik Sinner delivered a flawless performance to pulverise Czech Jiri Lehecka in straight sets in little more than 90 minutes on Saturday.
Andy Murray cruised to his second successive Masters Series title by blasting France's Gilles Simon out of the Madrid Masters 6-4, 7-6.
"It was special to win in front of my home fans," Ferrero said after clinching victory in two hours 30 minutes.
However, a tough contest awaits the former world No. 1 as he faces top seed Kenta Nishimoto of Japan next.
The Indian team of Mahesh Bhupathi and Rohan Bopanna on Friday reached the semi-finals of the ATP Madrid Masters after scoring a hard-earned win over Aisam-ul-haq Qureshi and Jean-Julien Rojer.
The world number two will withdrawal from the tournament if the tendinitis in his knees does not improve.
Italian Simone Bolelli upset local favourite Nicolas Almagro 7-6, 6-1 at the Madrid Masters on Monday.
Simona Halep has moved back to the top five in the latest women's tennis world rankings issued by the WTA, after clinching her first title in over a year at the Madrid Masters.
Mahesh Bhupathi and Mark Knowles defeated Simon Aspelin and Julian Knowle 6-3, 7-5 to storm into the semi-finals of the US $2,270,000 Madrid Masters. The fourth seeded Indo-Bahamian pair next face the fifth seeded pair of Jonas Bjorkman of Sweden and Kevin Ullyett of Zimbabwe, who stunned top seeds Mike and Bob Byran 6-4, 6-4 in their quarter-final match.
Roger Federer confirmed he will take part in the Madrid Masters next week, after a three-week lay-off. The world No 2, who won the Madrid title in 2006 and lost in the final to David Nalbandian last year, took some time out after helping Switzerland beat Belgium in their Davis Cup World Group play-off match last month.
Roger Federer beat Argentine Guillermo Canas 6-0, 6-3 to book his place in the quarter-finals.
The Indian team of Mahesh Bhupathi and Rohan Bopanna on Friday reached the semi-finals of the ATP Madrid Masters after scoring a hard-earned win over Aisam-ul-haq Qureshi and Jean-Julien Rojer.
The world number pulled out of the tournament after injuring his right ankle ligaments in training.
Mahesh Bhupathi and Rohan Bopanna overcame a late resistance from Santiago Gonzalez and Christopher Kas to move to the quarter-finals of the ATP Madrid Masters.
The Indo-Serbian pair shocked fourth seeds Michael Llodra and Fabrice Santoro in the semi-finals of the Madrid Masters on Saturday.
Form deserted Indian golfers at the Madrid Masters and the trio of Shiv Kapur, Jyoti Randhawa and SSP Chowrasia missed the cut after returning over-par cards in the second round of the European Tour event.
The Indian pair of Mahesh Bhupathi and Rohan Bopanna crashed out of the ATP Madrid Masters after losing their semifinal match to Robert Lindstedt of Sweden and Horia Tecau of Romania in Madrid.
India's Rohan Bopanna and his Romanian partner Florin Mergea failed to cross the final hurdle at this year's Madrid Masters.
Top seeds Sania Mirza and Martina Hingis lost went down in straight sets to Caroline Garcia and Kristina Mladenovic in the women's doubles final of the Madrid Masters tennis tournament, in Madrid, on Saturday.
Top seeded pair of Sania Mirza and Martina Hingis suffered their second defeat since joining forces, losing 7-6(5), 3-6, 9-11 to Bethanie Mattek-Sands and Lucie Safarova, at the Madrid Masters Open on Thursday.
It is Sindhu's first final since winning the gold and the Commonwealth Games last year.
India's top-ranked tennis player Sumit Nagal was ousted by Pedro Cachin of Argentina in the pre-quarter-finals of the Braunschweig ATP Challenger, in Braunschweig, Germany, on Wednesday.
Two-time Olympic medallist PV Sindhu overcame a sluggish start to defeat world number seven Han Yue of China in a thrilling contest, progressing to the quarterfinals of the Denmark Open Super 750 badminton tournament on Thursday.
Medvedev tames claycourt demons to advance in Madrid.
Spain's Rafa Nadal and Carlos Alcaraz will team up to play doubles at this year's Olympic Games in Paris, the Royal Spanish Tennis Federation (RFET) said on Wednesday.
Andy Murray continued his remarkable run on clay.
World No 1 Novak Djokovic will meet second-ranked Andy Murray in a blockbuster final at the Madrid Open after beating Kei Nishikori 6-3, 7-6 (4) on Saturday.
P V Sindhu failed in her quest to win her first BWF World Tour title since the Singapore Open in July 2022, beaten by China's Wang Zhi Yi 21-16, 5-21, 21-16 in the final of the Malaysia Masters Super 500 on Sunday.
Tsitsidosa era ends as Badosa announces split with Tsitsipas
A true legend of the game who paved the way and taught so many of us how to be as a player and as a person.
Novak Djokovic said he is building up to hit top form for his French Open title defence.
Top seeds Sania Mirza and Martina Hingis entered the final at the Madrid Open after a crushing 6-2, 6-0 victory over Vania King and Alla Kudryavtseva on Friday. It is the second successive final for the Indo-Swiss pair following the runners-up finish in Stuttgart.
Indian Challenge ended at the Madrid Open with the straight set defeat of Mahesh Bhupathi and Rohan Bopanna at the hands of unseeded team of Jeremy Chardy and Lukas Kubot in Madrid.
Italy's Matteo Arnaldi produced a sensational performance to take out sixth seed Andrey Rublev and reach the last 16 of the French Open on Friday.
Rafa Nadal suffered his first claycourt defeat in 23 matches on Thursday and threatened to boycott next year's Madrid Open if officials did not ditch the blue clay that players have labelled 'too slippery' and only fit for 'smurfs (to) play on'.
Although Nadal has revealed that he has seen improvements in his hip injury after trying a new treatment, the question still remains: Will Rafa defend his title at the French Open?