US subsidiary is not H1 or L1 dependent: Geometric

Software company Geometric is seeing a change in demand pattern and is beginning to focus on larger deals, says Manu Parpia, MD & CEO of the company.While attrition still remains a problem, the company will see modest increase in revenue over the next two quarters, he tells CNBC-TV18.Meanwhile, Parpia says the company has not been impacted by increase in visa fee, so far as less than 50 percent of staff in US subsidiary is H1 or L1 dependent. However, he is of the view that this move in visa cost hike is an unfortunate development for the country's information technology (IT) industry. Watch video for more