Fire guts Gudivada mobile shop, spreads to 5 apparel stores; Rs 1.2 Cr loss

• A fire broke out at a mobile phone shop in Gudivada, Andhra Pradesh, on Sunday morning.
• The blaze spread to five adjacent apparel shops, causing property damage estimated at over Rs 1.2 crore.
• Authorities suspect a short circuit or mobile phone battery explosion as the cause of the fire.
• Fire tenders successfully doused the flames, and no injuries were reported in the incident.

Why It Matters: This underscores the financial devastation fires can cause to businesses.