The stories revolves around the five strategies:- The Gain of Friends, Discord amongst friends, Of Crows and Owls, Loss of Gains and Imprudence.The illustrated stories in this volume are:-- Panchantantra Introduction- Four Friends and the Hunter- The Jackal and the Drum- The Mongoose and the Baby- The Talkative Tortoise- United we Stand- The Camel with a Bell- The Cunning Judge- The Merchant's son- Why the Owls became enemies of the Crows- The Visit of the Swan- A Poor Brahmins Dream- The Bullock and the Lion- The Sage and the Mouse- Beware of Mean friends- The Clever Hare- The Louse and the Bed-bug- The Blue Jackal- The Bird with Two Heads- The musical Donkey- The Rabbits and the Elephants- The Donkey and the Cunning Fox- The marriage of a snake- The Trick of the Crow- The Hunter and the Doves- The Lioness and the young jackal