Reuters: Time Inc. has reported a quarterly profit that handily beat market estimates as aggressive cost cutting more than made up for weak print ad sales, and said it would move “hundreds more” non-editorial jobs to its operations in India. Like many traditional publishers, Time Inc. has been countering falling ad sales in the print business by slashing costs and tapping new revenue sources. Time Inc. also said it plans to enter the e-commerce market to grab a bite of the transactions sourced through its websites and magazines.