logo
Plus   Neg
Share
Email

Prism Informatics Completes Realization Phase At Aamby Valley

Software development and strategic business consulting company Prism Informatics Ltd. announced the completion of realization phase at Aamby Valley Ltd. The purpose of this phase is to implement business and process requirements based on the Business Blueprint.

The objectives are final implementation in the system, an overall test, and the release of the system for productive (live) operation. The system is configured in two work packages, namely Baseline (major scope), and Final (remaining scope). Multiple module tests and the integration tests are carried out during this phase, the company said.

Along with the configuration phase sign-off, Prism has also completed training and User Acceptance Test (UAT) for the multiple modules including Financial Accounting, Controlling, Materials Management, Sales and Distribution and Human Resource.

Aamby Valley City is being developed as an Integrated Hill City spread over an area of 10,600 acres (4,294 hectares). It is positioned as a premium, self-contained city addressing the various socio-physical infrastructure requirements lie school, hospital, captive utilities (power, water, telecommunications), shopping facilities, and recreational areas. Aamby Valley City is located at a distance of 120 km from Mumbai, 90 km from Pune and lies 25 km off the town of Lonavala on the Mumbai Pune Expressway.

At the BSE, Prism Informatics closed Wednesday's trading at Rs.31.95, down 1.84 percent from the previous close.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Member of Congress have reportedly been told President Donald Trump's administration has reached an agreement to put Chinese telecom giant ZTE Corp. back in business. Reports from the New York Times and Reuters said the deal brokered by the Commerce Department would require ZTE to pay a substantial... Delta Air Lines will resume non-stop flights between the U.S. and India next year, almost a decade after it exited the Indian market. The airline said Thursday that its decision to resume non-stop flights from the U.S. to India follows agreements between the U.S. and the governments of the United Arab Emirates and Qatar to address the issue of government subsidies provided to state-owned carriers. Mortgage rates continued their upward trend this week and hit a seven-year high, even as housing demand remained robust. According to data released Thursday by mortgage finance provider Freddie Mac, the 30-year fixed-rate mortgage rose to 4.66 percent in the week ending May 24, from 4.61 percent in the prior week and 3.95 percent a year ago. This is also the highest level since May 5, 2011.
Follow RTT