The duo made the men's doubles semi-finals at Wimbledon and the final of the US Open in the same season.
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.
Rankireddy and Shetty, who had arrived in Madrid after winning the Swiss Open Super 300 last week, retired from their first-round match
The world number two will withdrawal from the tournament if the tendinitis in his knees does not improve.
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.
Italian Simone Bolelli upset local favourite Nicolas Almagro 7-6, 6-1 at the Madrid Masters on Monday.
Roger Federer beat Argentine Guillermo Canas 6-0, 6-3 to book his place in the quarter-finals.
It was a smooth performance from Sindhu as she was hardly tested by the Taiwanese qualifier
The world number pulled out of the tournament after injuring his right ankle ligaments in training.
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.
Jannik Sinner, the world number one, showcased his dominance by defeating Alexander Zverev in straight sets to win the Madrid Open, marking his fifth successive ATP Masters 1000 title.
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.
The Indo-Serbian pair shocked fourth seeds Michael Llodra and Fabrice Santoro in the semi-finals of the Madrid Masters on Saturday.
World number one Jannik Sinner powered into the Madrid Open final with a 6-2, 6-4 victory over Arthur Fils on Friday, keeping alive his bid for a record fifth successive ATP Masters 1000 title.
Jannik Sinner defeated Rafael Jodar in the Madrid Open quarter-finals, securing his spot in the semi-finals and becoming the sixth player to reach the semi-finals of all nine ATP 1000 Masters tournaments.
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.
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.
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.
However, a tough contest awaits the former world No. 1 as he faces top seed Kenta Nishimoto of Japan next.
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.
World number one Jannik Sinner brushed aside Britain's Cameron Norrie 6-2 7-5 on Tuesday to book a place in the Madrid Open quarterfinals, stretching his ATP Masters 1000 winning streak to 25 matches as the players avoided the worst of the heat.
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.
Jannik Sinner equalled Novak Djokovic's all-time record of 31 Masters 1000 wins in a row after defeating Andrea Pellegrino at the Italian Open.
Novak Djokovic is still working through the injury problems that forced him to miss recent tournaments in Miami and Monte Carlo and said on Friday that he will not feature at next week's Madrid Open, one of the last stops before the French Open.
Carlos Alcaraz has withdrawn from the Madrid Open for the second year in a row due to a wrist injury, impacting his preparations for the French Open.
Medvedev tames claycourt demons to advance in Madrid.
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.
As the U.S. Open approaches, the women's draw is packed with Grand Slam winners, rising stars, and hungry contenders, including Naomi Osaka, Elena Rybakina, Linda Noskova, Amanda Anisimova, Mirra Andreeva, Jessica Pegula, and Marta Kostyuk, all vying for a deep run in New York.
India's Rohan Bopanna and his Romanian partner Florin Mergea failed to cross the final hurdle at this year's Madrid Masters.
The expanded World Cup is being dominated by superstar performances from Lionel Messi, Kylian Mbappe, and Erling Haaland, who are leading the scoring charts. Young talent like Lamine Yamal is also making a significant impact, while Harry Kane continues to impress. The tournament is shaping up to be a thrilling display of individual brilliance, with a potential repeat of the last final between Messi and Mbappe.
The Canadian Open has voiced its disappointment over the withdrawals of Jannik Sinner and Novak Djokovic, highlighting a 'broader issue' of top players missing ATP 1000 events due to demanding schedules, prompting calls for adjustments to protect tournament integrity.
Indian golfers Vishnu Vardhan Bhati and Ankush Saha achieved podium finishes at the Czech Disabled Golf Masters in Prague. Bhati secured second place, while Saha clinched third, showcasing strong performances in the Nett Stroke Play event.
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.
World No. 1 Jannik Sinner successfully defended his Wimbledon men's singles title, defeating Alexander Zverev 6-7(7), 7-6(2), 6-3, 6-4 to lift his fifth Grand Slam trophy and first major title of the 2026 season, becoming only the 10th player in history to retain the Wimbledon men's singles crown.
Philippines' Eala beat the World No 3 Swiatek 7-6(9), 6-2 on a centre court duel to advance to the fourth round.
Andy Murray continued his remarkable run on clay.
From light-up shoes to Centre Court glory: Filipina sensation Eala fulfils a childhood dream to reach the fourth round at the All England Club.
Jannik Sinner was two games away from the Italian Open final when heavy rain suspended his semi-final match against Daniil Medvedev, with Sinner leading 6-2, 5-7, 4-2.
