Acer Laptop restarts endless loop

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Registration date
Wednesday May 4, 2016
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May 4, 2016
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Went for a vacation, came back and switched on but the laptop wont start.
When the adapter is connected the battery LED lights up in blue, no blinking.

Laptop model - Aspire 5745G

- Battery nearly dead
- Removed battery and tried starting directly with an adapter - no luck
- It starts, the power light comes up and goes off in 2 seconds then again it starts. Endless loop.
- Unplugged the battery and tried draining the power from circuit by keeping the power button pressed, still no change.

What should I do next?