Thanks Welsh... That really did help and now I am on my jboss console. This is easy to go and really good to see...
Just to add for future references.
I had now started the server with ./run.sh -b 0.0.0.0 and logged onto the console using http://serverIpAddress:8080/
@Magesh - The halt of logs without showing a clear indication of server started - caused the confusion and made me feel me the server startup is yet to complete. moreover the http://serverIpAddress:8080/ did not show up as mentioned by Welsh
-Hitesh