Four Chinese players were given three-month bans for "failing to use best efforts to win" a match at the China Open in 2018.
Rankireddy and Shetty, who created history on Sunday by becoming the first Indian men's doubles pair to win a BWF Super 500 tournament, are placed ninth in the men's doubles rankings issued on Tuesday.
The unseeded Indian duo stunned local favourites Li Jun Hui and Liu Yu Chen 21-19, 21-15 in a 43-minute quarter-final clash.
Kashyap, ranked 25 in the world, ran out of steam after a decent start against seventh seed Axelsen and went down 13-21, 19-21
Satwiksairaj Rankireddy and Chirag Shetty became the first Indian pair to win a BWF Super 500 badminton tournament with a hard-fought victory over Li Jun Hui and Liu Yu Chen of China in the final of Thailand Open.
It is first final of the 2019 season for Rankireddy and Shetty, the men's doubles silver medallist at 2018 Commonwealth Games.
The Indian men's doubles pairing of Satwiksairaj Rankireddy and Chirag Shetty reclaimed its position in the top 10 of the latest BWF rankings.
This was Satwik and Chirag's third loss this year against the world number 1 pair.
The men's doubles pair of Satwiksairaj Rankireddy and Chirag Shetty continued their impressive run, progressing to the semi-finals with another stunning victory, but it was curtains for Saina Nehwal at the US $700,000 French Open, in Paris, on Friday.
Was it badminton sensation PV Sindhu, who became the first Indian to win the World Championships gold medal? Or is it the young shooting progidy Saurabh Chaudhary? Or his India colleague Elavenil Valarivan, who recently took over as World No 1? What about India's heroes on the cricketing field -- Virat Kohli? Rohit Sharma?
Summary of sports events and persons who made news on Thursday