Thank you for the update. It helped , however after flashing I removed the jumpers and executed one sketch.
I got the following output and got stuck over there. Please refer to the attached image.
Please note I am using Arduino Uno for first time and most of the times basic steps will be helpful
By the end of day today, I tried some other ways. I executed steps given by you without jumper by plugging in Arduino card on another laptop where I could get board name as R4 back. I could execute few of the sketches also. Now only thing I need to do is look for sketch which will allow me to test on board LCD. Can you suggest me built in example? If that works I will be sure that board is working fine.
If you want to dig out I can tell you issues on other laptop and configs which will helps us all to build a better knowledge.
There is no onboard LCD, do you mean the LED matrix?
The default demo sketch the UNO R4 WiFi ships with is found in the IDE at:
File > Examples > Examples for Arduino UNO R4 WiFi > LED_Matrix > MatrixIntro
You will need to have the correct board selected under the Tools menu in order to see the menu under Examples.