Hi Greg,
Thank you for the response and sorry for delayed reply.
I did find the solution.
My target was running on 5.05 version of SDK and I was cross compiling for 7.0 version of SDK. Because of mismatch in the version, I was not able to execute the application.
After loading the right version of SDK, I was able to run the application in embedded device.
Thank you for the help!
Regards,
Kumar