Hi Pushpa,
the important thing is to use 7070 as port, e.g. name:7070. Not as part of the hostname (as it looks like in your string).
Then also localhost:7070 should work if you are directly on the SOI UI server - unless there is a problem with the service not working.
Did you restart the SOI UI process following the change in EEM, which most probable required a restart of the EEM services?
MichaelBoehm