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Mukesh, currently in-charge of Flipkart's commerce and advertising business, had become a part of the e-tailer in 2014 when he sold off fashion portal Myntra, which he had founded, for $375 million.
The award is the biggest ever given to a Google executive officer whose equity grants have to be reported in filings, according to data compiled by Bloomberg.
The re-appointment of Patel assumes significance as in recent past none of the deputy governors got a second term.
The salary of top executives and commissions paid to the distributor account for the bulk of the overall costs incurred by a mutual fund.
Kidwai, an MBA from Harvard Business School(HBS), has received the Padma Shri Award in 2007 for her contribution to trade and industry.
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