The definitive guide to South Asian lingo
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Phrase.
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Definition

Any company/business that is run by a family that controls all the decision making. Management is just "naam ke vaaste" and have no real power or say esp. when it comes to spending. Also very stingy.

Usage

IT Sales Guy- This company should invest in ecommerce. its a really hot market right now.
Colleague - Yaar, they are a lala company. Lala does not understand all this stuff...
Added 2011-09-01 by simblysridhar

Root

Hindi

Region

All India