SDK Manager is executing in cmd but not opening

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Mobile

Android

JDK

Eclipse

SDK

Config Details:

Windows 8 Pro 32bit

adt-bundle-windows-x86-20130717

jdk-6u26-windows-i586 32bit

Directories:

For Java - C:\Program Files\Java\jdk1.6.0_26

For Android Root - Z:\Program Files\Android

For Android SDK - Z:\Program Files\Android\sdk

Environmental Variables:

var_name: JAVA_HOME

var_value: C:\Program Files\Java\jdk1.6.0_26\


var_name: JDK_HOME

var_value: C:\Program Files\Java\jdk1.6.0_26\


var_name: Path

var_value: C:\Program Files\Java\jdk1.6.0_26\bin


Modification:
1)
set java_exe=
"%JAVA_HOME%\bin\java.exe"
if not defined java_exe goto :EOF

2)
for /f %%a in ('"%~dps0\find_java.exe" -s') do set java_exe=%%a

3)
for /f %%a in ('"%~dps0\find_java.exe" -s -w') do set javaw_exe=%%a




First i downloaded adt-bundle then extracted into Android Root directory (i installed java far earlier) then i installed ADT Plugins from https://dl-ssl.google.com/android/eclipse/ and successfully connected Eclipse IDE with Android SDK. Now i am trying to Android SDK Components but when i clicked on Window-> Android SDK Manager in Eclipse a dialogue box opened said SDK Manager will open in a while but it didn't. Whenever i try to open SDK Manager everytime a cmd prompt for a second then disappear and nothing happened while AVD Manager open properly.

Then i went through some solution in several forums and modified some line of code (as of modification 1 in tools\android.bat ; 2 and 3 in tools\lib\find_java.bat)

Now in command line

Z:\Program Files\Android\sdk\tools>android
    Usage: java [-options] class [args...]
               (to execute a class)
       or  java [-options] -jar jarfile [args...]
               (to execute a jar file)
    
    where options include:
        -client       to select the "client" VM
        -server       to select the "server" VM
        -hotspot      is a synonym for the "client" VM  [deprecated]
                      The default VM is client.
    
        -cp <class search path of directories and zip/jar files>
        -classpath <class search path of directories and zip/jar files>
                      A ; separated list of directories, JAR archives,
                      and ZIP archives to search for class files.
        -D<name>=<value>
                      set a system property
        -verbose[:class|gc|jni]
                      enable verbose output
        -version      print product version and exit
        -version:<value>
                      require the specified version to run
        -showversion  print product version and continue
        -jre-restrict-search | -jre-no-restrict-search
                      include/exclude user private JREs in the version search
        -? -help      print this help message
        -X            print help on non-standard options
        -ea[:<packagename>...|:<classname>]
        -enableassertions[:<packagename>...|:<classname>]
                      enable assertions
        -da[:<packagename>...|:<classname>]
        -disableassertions[:<packagename>...|:<classname>]
                      disable assertions
        -esa | -enablesystemassertions
                      enable system assertions
        -dsa | -disablesystemassertions
                      disable system assertions
        -agentlib:<libname>[=<options>]
                      load native agent library <libname>, e.g. -agentlib:hprof
                        see also, -agentlib:jdwp=help and -agentlib:hprof=help
        -agentpath:<pathname>[=<options>]
                      load native agent library by full pathname
        -javaagent:<jarpath>[=<options>]
                      load Java programming language agent, see java.lang.instrument
    
        -splash:<imagepath>
                      show splash screen with specified image
    
    Z:\Program Files\Android\sdk\tools>

As you can see that my attempts are successful and android.bat is executing but the problem is when i try to open SDK Manager directly or via IDE again nothing happened but executing in cmd. I cannot understand what happening actually and i am unable to found anything related with this in any forum. Please Help. Thanks in advance.