Indian Launch Vehicle Explodes After Lift-Off
Indian communications satellite GSAT-5P was destroyed by the explosion of its launch vehicle, the Geostationary Satellite Launch Vehicle. The GSLV malfunctioned while still in its first phase of its Christmas launch, after less than a minute of flight. YouTube has a video of the explosion, taken from TV9 Kannada.
On the plus side I'm sure it was cheap.