Fourth seeded Srikanth, who had claimed a silver medal at this year's Commonwealth Games, had to dig deep in his reservoir to outwit fellow Indian H S Prannoy 18-21, 30-29, 21-18 in a thrilling match, clocking an hour and seven minutes.
The London Olympic bronze medallist will face either Denmark's Line Christophersen or compatriot Ira Sharma for a place in the finals at the Super 100 event, which is a part of BWF's revised Olympic qualification events.
The World No 6 will next face Spain's Pablo Abian on Wednesday.
Star shuttler Kidambi Srikanth was disappointed after being called for a series of what he termed "ridiculous" service faults during his pre-quarterfinal match against China's Huang Yuxiang at the All England Championship.
Top seed Kidambi Srikanth stormed into the semi-finals of the US $120,000 Swiss Grand Prix Gold badminton championship after a straight games victory over Takuma Ueda of Japan in the men's singles quarter-finals in Basel on Friday. The Indian beat the eighth seed 21-11, 21-12 in 31 minutes.
India's campaign at the BWF World Tour Super 300 tournament ends after Srikanth, Prannoy and Verma were knocked out earlier in the day.
Indian shuttlers continued their impressive show with top stars P V Sindhu, Saina Nehwal and Kidambi Srikanth progressing to the semifinals of their respective events in the 21st Commonwealth Games' badminton competition, in Gold Coast, on Friday.
The world body has so far maintained that it has no plans to make any adjustments to the regulations related to the Tokyo Games qualification period and that other events will go as per schedule.
India blanked Scotland 5-0 to enter the quarterfinals of the badminton mixed team event, displaying tremendous form en route to their third successive clean sweep at the Commonwealth Games, in Gold Coast, on Friday.
Former world No. 1 Kidambi Srikanth's wretched run continued as he went down 6-21, 17-21 to fellow-Indian Ajay Jayaram, diminishing his hopes of qualifying for the Tokyo Games.
Sindhu had resumed training last month under the supervision of Korean coach Park Tae-Sang after the Sports Authority of India
Indian ace Kidambi Srikanth's gallant fight ended with a narrow three-game loss against home favourite Tommy Sugiarto in the men's singles finals of the $ 120,000 Indonesian Masters Grand Prix Gold badminton tournament, in Malang, on Sunday.
Riding on her stupendous performance at the Australian Open Super Series, Indian ace Saina Nehwal jumped two places to reach the World No. six in the latest BWF ranking released on Thursday. The 26-year-old from Hyderabad, who clinched the Australian Open title -- her first of the season - last Sunday, now has 75,369 points in her kitty.
Satwik and Ashwini, who reached the semi-finals at Toyota Thailand Open Super 1000 in January, will meet the winner of the match between fifth-seeded Malaysians Tan Kian Meng and Lai Pei Jing and Germany's Jones Ralfy Jansen and Kilasu Ostermeyer.
Former World champion Viswanathan Anand struggled for the second day running as he was held to a draw by almost-retired Robert Hess of the United States in the second round of Isle of Man International Chess tournament.
Saina, who was looking good at the start of the season, was diagnosed with acute gastroenteritis with mild pancreatitis which affected her performance at the All England Championship.
Saina Nehwal, who won the tournament last year before going through a lean patch, lost 19-21, 13-21, 5-21 to Sayaka Takahashi in 50 minutes.
The 28-year-old from Kerala had spent two weeks stressing over his physical and mental health after contracting COVID-19 last November.
Rio Olympic silver medallist Sindhu, who made early exits at the China Open and Korea Open, dropped to the 6th spot after five months and the former World No 2 shuttler will look to make amends at the Denmark Open and French Open.
Ace Indian shuttlers, Saina Nehwal and Kidambi Srikanth, had a disappointing start to their campaign at the BWF Super Series Finals as they suffered straight-game defeats on the opening day of the prestigious event in Dubai.
India ace Kidambi Srikanth was rewarded for his sensational run this season as he grabbed a career-best ranking of World No. 2 after jumping two places in the latest BWF ranking released on Thursday.
Indian shuttlers Kidambi Srikanth and H S Prannoy advanced to the second round of the men's singles competition at the US$ 1,000,000 Indonesia Super Series Premier in Jakarta, on Wednesday.
Top Indian shuttlers Kidambi Srikanth and H S Prannoy were knocked out of the 18th Asian Games after suffering shock defeats in the second round of the men's singles competition, in Jakarta, on Friday.
'I think Sindhu could have won. We had our chances in women's singles, men's doubles and women's doubles yesterday and they could have pulled through. I think Kashyap also has had a good run. He has had a good tournament. Considering what has happened in the last year with him, it has been a good comeback'
Summary of sports events and persons who made news on Wednesday
Sourabh will next face Korea's Heo Kwang Hee for a place in the men's singles final.
Badminton players P V Sindhu and Kidambi Srikanth carry India's medal hopes on Day 11 of the 2016 Rio Olympic Games.
It has emerged now that Prannoy's name was recommended by Gopichand on June 3 in his capacity as a Khel Ratna Award recipient.
It was day of mixed results for India at the US$750,000 Denmark Open Super Series in in Odense on Friday, as Kidambi Srikanth fought back brilliantly to shock World No 1 Victor Axelsen and enter the semis after Saina Nehwal crashed out of the event following her quarter-final loss to Japan's Akane Yamaguchi.
Saina and Busanan engaged in some long rallies but it was the Thai shuttler who had the last laugh
Top shuttlers, including Saina Nehwal and Kidambi Srikanth, are likely to leave for Malaysia and Singapore via Doha to participate in the last two Olympic qualifiers next month due to travel bans imposed by the two countries in the wake of unprecedented spike in COVID-19 cases in India.
Top Indian shuttlers, Kidambi Srikanth and Parupalli Kashyap crossed the opening hurdle to reach the second round of men's singles competition at the $120,000 German Grand Prix Gold in Mulheim an der Ruhr in Germany on Tuesday.
India's top shuttlers P V Sindhu and Kidambi Srikanth experienced contrasting defeats in the semi-finals of the US $700,000 Malaysia Open Super World Tour 750 tournament, in Kuala Lumpur, on Saturday.
World champion P V Sindhu frittered away a one-game lead and lost 21-16, 16-21, 19-21 to Japan's Sayaka Takahashi in 66 minutes.
Sindhu said she has to watch out for the Chinese players as well since they have been missing from the circuit for some time.
H S Prannoy stunned World No 10 Kanta Tsuneyama while ace Indian women shuttlers PV Sindhu and Saina Nehwal also sailed into the second round of the Malaysia Masters, in Kuala Lumpur, on Wednesday. World Championships bronze-medallist B Sai Praneeth and the seasoned Kidambi Srikanth, though, bowed out of the men's singles events.
India's report card on the tenth day of the 2016 Olympics.
'Since I arrived in Sydney I have gastroenteritis and have had diarrhoea, so I have not been at my best physical condition'
PV Sindhu had a below-par outing as Japan's Akene Yamaguchi beat the World Championship silver medallist 21-14, 21-9 in a thoroughly one-sided semi-final of the French Open Super Series, in Paris, on Saturday.
Ajay Jayaram, who skipped the ongoing Korea Open, slipped a place to be at 17th.