Hi Chinmay,
What is the status of XDS100v1 device driver @ Device Manager?
Check these links out:
http://e2e.ti.com/support/development_tools/code_composer_studio/f/81/t/171188.aspx
http://e2e.ti.com/support/development_tools/code_composer_studio/f/81/t/39795.aspx
Regards,
Gautam