Preheat oven to 350 degrees.
Spray bundt pan generously.
In a medium bowl whisk together flour, lime zest, baking soda and salt. Set aside.
In a stand mixer combine butter and sugar, mix until fluffy.
Add eggs one at a time, beat after each addition. Add lime juice.
With mixer on low setting alternate flour mixture and yogurt, mixing briefly between each addition. Don't overmix!
Add the cherries, cherry juice and grenadine. Mix just till colour mixes.
Pour into prepared pan. Tap slightly on the counter. Place in oven and bake for about 55 minutes.
Remove and allow to cool.
Prepare glaze by just whisking the ingredients together and pouring over bundt cake.
Serve with a big old I Love Shirley Temple smile!